Skip to main content

Research Repository

See what's under the surface

Credit unions and financial exclusion – the odd couple?

Ryder, Nicholas



Credit unions have failed to develop in the United Kingdom in comparison with other jurisdictions. This is due, in part, to a restrictive legal framework and to policies adopted by local authorities and the UK government towards their development. However, it is their association with financial exclusion that has had the most detrimental impact upon the expansion of credit unions. The UK government perceives credit unions as filling the gap left by the banking industry in communities across the United Kingdom and has made recommendations to assist their development. The implementation of the recommendations is dependent upon the support of the banking industry. These developments and this context for implementation are considered in the light of the association of credit unions with issues of financial exclusion. © 2002 Taylor & Francis Ltd.

Journal Article Type Article
Publication Date Jan 1, 2002
Journal Journal of Social Welfare and Family Law
Print ISSN 0964-9069
Electronic ISSN 1469-9621
Publisher Taylor & Francis (Routledge)
Peer Reviewed Not Peer Reviewed
Volume 24
Issue 4
Pages 423-434
APA6 Citation Ryder, N. (2002). Credit unions and financial exclusion – the odd couple?. Journal of Social Welfare and Family Law, 24(4), 423-434.
Keywords financial exclusion, banking industry, credit unions, central services organization and government
Publisher URL