000 01357cam a2200253 4500
001 ABS66605
008 030422n2003 000 0 eng u
035 _a(Sirsi) u122047
100 _aLambert, J.
245 _aGive credit where it's due
260 _c2003
490 _aEstates Gazette
_v(0312) 22 March 2003, 122-124(3)
520 _aA "Mainly for students" article that looks at credit unions, which form part of a distinctive mutual sector in UK financial services. Although there are only 650 credit unions registered in the UK (in 2000), worldwide there are around 30 000 in over 80 countries serving in excess of 100m people. Describes the key operating principles of credit unions comparing them with other types of financial institutions. Credit unions offering low-cost financial services to local people will become more prominent. Since July 2002 new credit unions come under Financial Services Authority regulation and government supports them as a tool to tackle financial exclusion.
590 _aABS
650 _aBUILDING SOCIETIES ACT 1986
650 _aCREDIT UNIONS
650 _aFINANCIAL INSTITUTIONS
650 _aMUTUAL INSURANCE
650 _aFINANCIAL CO-OPERATIVES
650 _aBUILDING SOCIETIES
650 _aDE-MUTUALISATION
690 _aMANAGEMENT-BUSINESS MANAGEMENT-FINANCIAL MANAGEMENT
942 _n0
999 _c72522
_d72522