All members are invited to attend a special general meeting (SGM) of The Money Co-op, to be held online on Thursday 12 February 2026, from 12.00 onwards.
The purpose of this meeting is for members to vote, for a second time, on a proposed merger between The Money Co-op and Metro Moneywise Credit Union. This second vote is a required part of the regulatory process following the vote held at our annual general meeting on 26 January 2026, where members voted in favour of the merger proposal.
What is being proposed?
The proposal is for The Money Co-op to merge with Metro Moneywise Credit Union through a transfer of engagements. Once complete, the combined credit union would operate under the name The Money Co-op. Both boards believe this merger will create a stronger, more sustainable credit union that can invest more in digital services and offer a wider range of competitive savings and loan options, while staying true to our co-operative, member-owned values.
Download the full details here – Special Resolution – Transfer of Engagement – Metro Moneywise Credit Union Merger
What this means for you
If approved, members will continue to save and borrow as normal. Members savings and loans will not change, member voting rights will stay the same, and members will continue to manage accounts through The Money Co-op app and website. The board has unanimously recommended the merger as being in the best interests of members.
S.G.M details
Date: Thursday 12th February 2026
Time: 12.00 onward. We have allowed up to 1.30pm for the meeting slot, but anticipate the actual running time will be less than this.
Location: online (via GoTo Webinar platform)
Members will be asked to vote on the proposed transfer of engagements at this meeting.
Register to attend
To attend the SGM, you must register in advance for the online meeting. please use the registration link below to secure your place. You will need your membership number handy for the registration.
