ABCULAssociation of British Credit Unions Ltd (United Kingdom)
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Commenting on the news, Sharon told Business Post: "I am honoured to be appointed president of ABCUL.
A key tenet for ABCUL is its commitment to providing ethical financial services," said John Yeomans, general manager, cards, FIS EMEA.
At the end of September 2010, ABCUL credit unions were managing more than 500 million in savings on behalf of over 611,000 people, and they had over 400 million out on loan.
This compared to pounds 690m of savings and pounds 561m in loans by the end of last June, with 940,000 members, according to figures submitted by credit unions to the Financial Services Authority and released by ABCUL.
Mark Lyonette, chief executive of ABCUL said: "To really have an impact on high cost credit, credit unions need to be visible and accessible in every community.
Mark Lyonette, chief executive of ABCUL, described the changes as a "major breakthrough" for Britain's communities.
uk or call ABCUL on 0161 832 3694 to find your nearest credit union.
Yesterday I had the chance to make these points to the Scottish government, thanks to an invitation from ABCUL, the body that represents credit unions.