Advance Credit Union Announces New General Manager

Feb 12, 2025

Advance Credit Union is delighted to announce the appointment of Faye Bailey as General Manager. This key promotion underscores the credit union’s dedication to fostering exceptional leadership and driving forward its mission to provide fair and accessible financial services for the community it serves across the B postcode.

Faye has been a valued member of the Advance team for almost 20 years and has demonstrated an unwavering commitment to improving the financial well-being of members. Her leadership skills, deep expertise, and passion for service made her the natural choice for this pivotal role.

Faye Bailey said:

“I am honoured to step into the role of General Manager at Advance Credit Union. Over the years, I’ve witnessed the profound positive impact we have on our members’ financial resilience and overall well-being.

“Our team is committed to listening to the needs of our members and empowering them to build a secure financial future. As General Manager, I look forward to working with our board, team, and members to continue making a tangible difference in the lives of the people and communities we serve.”

Faye will lead a dedicated team of 10 staff, supported by a voluntary and professional Board of Directors. Together, they ensure the credit union continues to deliver exceptional services while meeting regulatory and ethical standards.

Faye’s appointment comes at a crucial time as Advance strengthens its commitment to combating financial exclusion and supporting thousands of individuals and families in building financial security.

Helen Torresi, Chair of the Board comments, “We are delighted to have Faye step into the role of General Manager. Together, we share a vision of ensuring everyone has access to fair, affordable credit and financial opportunities and we look forward to working with her to drive this forward.” 

 

Contact: sunil.singh@advancecu.org.uk

More About Advance Credit Union

Founded in 1989, Advance Credit Union is a non-profit financial cooperative serving anyone who lives or works within the ‘B’ postcode area. With deep roots in Birmingham, ACU offers savings accounts, affordable loans, and financial support tailored to the needs of the community. By empowering members to manage their finances and avoid high-cost lenders, ACU helps build financial resilience and fosters a sense of togetherness and support.

Every day, Advance Credit Union works to reduce financial worries and help its members achieve a brighter, more secure future..