We offer loans, savings and mortgages and our services are exclusively available to people who live or work within the Glasgow ‘G’ postcode area.
Although the products we offer are similar to those you’d find at a bank – our ethos is very different. We’re a financial mutual, which means that we are owned by our members. Every member has an equal say on matters that effect the credit union – via voting at our Annual General Meetings – and our Board of Directors are elected from within the membership.
Our members are our shareholders. When the credit union is successful, we share this success with them in the form of an annual dividend paid on savings, or an interest rebate on loan and mortgage interest, or both! We are pleased to say that we’ve paid a dividend to members every year since we were established in 1989 – which tells you a little about how successful we’ve been over the years.
As well as being a financial mutual, we’re also a social enterprise – so our over-arching ethos is to improve our community through financial empowerment and education. We’re committed to working with local organisations and employers to increase financial awareness in the wider community.