The history of ACE Credit Union Services

ACE Credit Union Services was set up as a voluntary service to credit unions in October 1999. It is one of four trade bodies that provides services to credit unions in Great Britain. Its income comes from affiliation fees and training fees. Over the years ACE has grown to represent 36 credit unions and is now a not-for-profit company limited by guarantee. Some ACE credit unions have several thousand members (the largest credit union affiliated to ACE has over 12,000) whilst others are small to medium in size. Some are workplace credit unions whilst others serve local communities, or are a combination of both. Members are charged an annual fee of 60p per adult member.