sDoncaster-based credit union in triple award win

Members of the credit union with their awards.
Members of the credit union with their awards.

A credit union with offices in Doncaster has scooped three top national awards.

South Yorkshire Credit Union, which has bases in Doncaster town centre, Mexborough, Stainforth and Denaby Main, won the Edward Filene Supreme Award for Social Entrepreneurship at a ceremony in London in November.

The team also took the Award for Excellence in Dispensing Financial Education, and chief executive officer Murdo Macleod was awarded the Excellence Shown in Performance by a Chief Executive Officer Award.

The awards, presented by Jamaican high commissioner Aloun Ndombet-Assamba, were made by the International Credit Union Leadership Development and Education Foundation.

Judges said Mr Macleod was “an inspirational and dedicated CEO, making impressive inroads into the market at all levels.”

The credit union’s performance in financial education was described as “a superb example of how a credit union has worked with partners, made its products relevant and accessible, uses social media and has delivered a complete financial solution, proving that credit unions don’t have to settle for a second-class service.”

In a statement after the awards, the Foundation said that SYCU “can boast that for this year only they are the best credit union in Great Britain and Ireland.”

SYCU was formed in 2002 as Barnsley Credit Union but now has offices across the region. It originally provided just financial services, but now offers furniture, electrical and electronic items.