Leeds City Credit Union
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Leeds City Credit Union is a credit union in Leeds, England with more than 20,000 members. The organisation originated as a work-based credit union for employees of Leeds City Council. The employees formed what is known as the common bond. When the common bond was extended to all or live or work in the City of Leeds the name was changed.
In March 2009, the credit union sought out a £4 million bailout from the Government. An investigation into mismanagement at the credit union focused on the activities of former chief executive Sue Davenport.[1] [2] In August 2009, Sue Davenport was declared personally bankrupt.[3]
[edit] References
- ^ Thompson, Lauren. Leeds City Credit Union seeks emergency funding. 11 March 2009. Web. 15 Nov. 2009
- ^ Waugh, Rob (10 March 2009). "City credit union in £4m plea for public bailout". Yorkshire Post. http://www.yorkshirepost.co.uk/news/City-credit-union-in-4m.5054277.jp. Retrieved 2009-11-16.
- ^ Smith, Lewis (15 August 2009). "Former head of Britain's biggest credit union declared bankrupt Investigation into misuse of company credit card". The Independent. http://www.independent.co.uk/news/uk/crime/former-head-of-britains-biggest-credit-union-declared-bankrupt-1772510.html. Retrieved 2009-11-16.
[edit] External links
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