our story

Credit unions have always been about people helping people. In the United States, that spirit evolved into Credit Union Service Organisations (CUSOs)—shared ventures where credit unions joined forces to tackle rising costs, regulatory complexity, and the need for cutting-edge technology. CUSOs became the bridge between small community institutions and the scale of big banking, empowering credit unions to act as the primary financial institution (PFI) for their members in a fragmented financial system.

That same challenge is now playing out here in the UK. Credit unions face increasing member expectations, tighter regulation, and limited resources. Recognising this, three of Scotland’s most forward-thinking credit unions—Glasgow Credit Union, Capital Credit Union, and Scotwest Credit Union—came together with a bold vision: create the UK’s first CUSO.

By pooling their expertise, buying power, and ambition, these pioneers laid the foundations for CU Share Ltd. Their belief was simple but powerful: what no single credit union could achieve alone, we could achieve together.

CU Share exists to harness economies of scale and deliver modern, modular shared services—collections, HR, compliance, and beyond. Our role is to take care of the heavy lifting, so credit unions can focus on what they do best: serving members and strengthening communities.

Every service is designed with and for credit unions, ensuring value flows back to the sector. Together, we’re not just building a service company—we’re building resilience, innovation, and a brighter future for cooperative finance in the UK.