Sector Group
Credit Unions
“Chair quote to be supplied — one or two sentences on why the group matters and why members should get involved.”
Chair: David Ross, Glasgow Credit Union
Objective
To support and strengthen Scotland’s credit union sector, recognising its important role in financial inclusion, community resilience and providing access to fair and affordable financial services.
Strategic Focus
Championing the role of credit unions in improving financial inclusion and financial resilience across Scotland.
Supporting the long-term sustainability, growth and modernisation of the sector.
Promoting access to fair, affordable and community-based financial products and services.
Sharing good practice on governance, regulation, technology and customer service.
Exploring opportunities for collaboration and innovation across Scotland’s credit union network.
Ensuring the experience and perspective of credit unions are reflected in wider industry and policy discussions.
2026 Strategic Delivery
To be agreed by the group following its initial meetings
Activity - NEEDS TO BE REMOVED
Stood up the Fraud and Cyber Security workstream, led by Derek Johnstone, Scottish Building Society, who will feed in regular updates to the Banking Steering Group.
Schools Banking Pilot, a strategic deliverable under the CCN strategy, will launch in June with financial literacy accredited modules delivered alongside the opening of a bank account. This will be repeated in December with the intention of a roll-out across Scotland.
Advice/Guidance roundtable with Burness Paull.
Working in collaboration with the Wealth Management Group and Life & Pensions Group on advice/guidance regulation and targeted support.
Group Scope
Provide a forum for Scotland’s credit unions to discuss shared priorities and challenges.
Encourage collaboration and the sharing of insight and good practice.
Promote the contribution credit unions make to communities and the wider Scottish economy.
Support SFE’s work on financial inclusion, customer resilience and economic growth.
Provide value for participating members.
Members - TBC
Cross-Group Collaboration - TBC
Latest news
The shortlist for the 2026 Scottish Financial Services Awards, sponsored by EY, has been announced, recognising the outstanding talent, innovation and impact being delivered across Scotland’s financial and professional services sector. The annual awards celebrate the contribution of both organisations and individuals from across the industry.
A recent SFE and Capco roundtable with FCA Chief Executive Nikhil Rathi explored how artificial intelligence is beginning to reshape financial services. The discussion covered the rise of agentic AI, the evolving regulatory landscape, operational resilience, accountability, skills and the challenge of balancing innovation with strong governance and consumer trust.
SFE has launched a new General Insurance Sector Group, bringing together leaders from across Scotland’s insurance industry to explore the opportunities and challenges shaping the sector’s future. The group will focus on areas including AI and digital transformation, talent and skills, the changing risk landscape, climate resilience and financial wellbeing.
Upcoming events
This invitation-only executive roundtable will bring together COOs and transformation leaders to explore how acquisition-led growth has created operational complexity across financial services.
Drawing on insights from Reinvigoration’s latest executive paper, the discussion will examine the impact of fragmented systems and processes, why transformation programmes often struggle to deliver lasting value, and how firms can simplify operations to strengthen resilience, support AI adoption and create the foundations for sustainable change.
Explore the regulatory, commercial and market developments reshaping fund sales and distribution across the UK and Europe. The session will examine how asset managers can respond to changing investor expectations, regulatory reform and international competition, with a fireside chat featuring the FCA on key developments including Consumer Composite Investments, LTAFs, Consumer Duty and financial crime.
IDC and Mastek invite senior data and technology leaders to an exclusive roundtable dinner exploring how financial services organisations can build AI-ready data foundations, strengthen governance and move from experimentation to measurable value. Hear expert insight from IDC’s Neil Ward-Dutton and discuss the practical transition from GenAI pilots to Agentic AI at scale.
AI-assisted coding is rapidly moving beyond autocomplete and chat towards autonomous agents that can plan work, edit files, run commands and open pull requests.
This practical workshop explores the governance, security, cost, adoption and oversight risks of agentic development, with a live demonstration of how organisations can introduce AI coding tools in a controlled, auditable and responsible way.
Explore how AI and data are reshaping financial crime prevention, from smarter detection and controls to the governance, transparency and data foundations needed to scale adoption responsibly.
Join young professionals from across Scotland’s financial services industry for the inaugural SFE Young Professionals Summit, featuring sector insights, skills development, practical networking training and an evening panel and reception.
Join SFE members and guests at the Edinburgh Winter Reception, hosted by Baillie Gifford, for an evening of refreshments, informal networking and the opportunity to connect with colleagues from across Scotland’s financial services community.
Join SFE members and guests at the Glasgow Winter Reception, hosted at the Barclays Campus, for an evening of refreshments, informal networking and the opportunity to connect with colleagues from across Scotland’s financial services community.