Evidence library

This report discusses the nature of credit unions and considers the extent to which they offer an alternative model to mainstream financial services. It also charts the historical development of credit unions; documents theoretical paradigms within which issues pertinent to credit unions may be considered; presents statistical data for the worldwide movement and the movement in the United Kingdom (UK) and its regions; considers legislation, regulation and the financial inclusion agenda in the UK; assesses which factors are important for successful credit union development; and maps out the challenges and risks faced by Scottish credit unions and how these challenges and risks can be addressed.