David Dowey


I have been Chairman of UFCU since it was formed in 1995 and together with my Board colleagues have watched the organisation develop. As Chairman I have guided the organisation through many changes not least of which was the Governments decision to make credit unions in Northern Ireland the responsibility of the Bank of England, through the Prudential Regulation Authority, ( PRA) and the Financial Conduct Authority (FCA) I am proud that Credit Unions in Northern Ireland now have a vital role to play within the local economy. As the banks shrink their branch network credit unions continue to support their local communities. My only regret is that the sector in Northern Ireland has not received the same level of Government financial support as our colleagues have enjoyed in Great Britain.

Gordon Smith

Chief Executive

I report directly to the UFCU Chairman and attend all board meetings, I was recruited to modernise and develop the organisation. My primary responsibilities may be summarised as follows: - To develop awareness of regulatory requirements within each of our 42 affiliated credit unions. Develop effective relationships with our regulators, the Financial Conduct Authority, and the Prudential Regulation Authority. Improve the standard of Governance and improve Lending Standards within our affiliated credit unions. In addition, I provide ongoing assistance for the board of UFCU particularly in regard to the Strategic Direction of the organisation