19 March 2026
Great News! We're Expanding to Better Serve YOU!
At Cambrian Credit Union, we are thrilled to welcome the government’s landmark announcement today, 18 March 2026. These reforms are a game-changer for our members and the communities we serve across Wales.
As the Economic Secretary to the Treasury, Lucy Rigby, highlighted, these changes are designed to make financial services more accessible. For us, it means we can finally break down old barriers and offer our ethical, affordable services to more people than ever before.
What’s Changing at your Credit Union?
The new reforms allow us to modernise how we support your family and your future:
- Growing Our Community: The potential membership cap is rising from 3 million to 10 million. This allows us to grow sustainably and ensure that more people have a fair alternative to high-cost lenders.
- Welcoming Students: We can now officially welcome students to our locality-based membership. If you’re studying in our area, you now have a safe place to save and access affordable credit.
- Support for Modern Families: Membership rules are becoming more flexible. We can now admit more relatives and household members, making it easier for your entire family to build financial resilience together.
- Retirement Security: You can now stay with us—or even join us—after you retire. We are here to support you through every stage of your life, not just your working years.
Why This Matters Now
With UK inflation at 3.0% and the Welsh economy facing unique pressures, access to affordable finance is vital. These reforms support the government's commitment to double the size of the mutuals sector, ensuring that the team are ready to help you save more and borrow for less.
As we move forward with these exciting changes, our mission remains the same: putting our members’ needs before profits.
Ready to grow with us?
Find out more about our services and how these new rules might benefit your family at www.cambriancu.com.
Your Community. Your Future. Your Credit Union.
