What makes us different?

Glasgow Credit Union is one of the largest credit unions in the UK with over 50,000 members. We offer loans, savings and mortgages and our services are exclusively available to people who live or work within West of Scotland (which includes all G, FK, KA, ML or PA postcodes), or work for one of our Employer Partners.

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 affect the credit union – via voting at our Annual General Meetings – and our Board of Directors are elected from within the membership.

Our members are the owners of the credit union, so everything we do is focussed on financially empowering them and their communities. This can take various forms, such as providing affordable loans, delivering financial education, donations to local communities and good causes, and offering financial resilience in the form of regular savings.

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. This can be seen in our Giving Glasgow work with local charities and good causes, as well as our work with local businesses.

Working with our Community

Giving Glasgow

Each month we donate to local charities and good causes through our charitable fund, Giving Glasgow. In the past four years, we have donated over £60,000 to local charities and good causes. We encourage all members and non-members to submit nominations. To find out more and make a nomination today, visit our Giving Glasgow page.

Employer Partners 

One of our objectives is to promote financial wellbeing and empowerment throughout the communities we serve throughout the West of Scotland. Our Employer Partner scheme is just one way we succeed in doing so. We currently work with over 110 employers, giving their employees access to easy savings, loans and mortgages. By becoming an employer partner, every employee that works for you can save directly from their wage. This, alongside our financial wellbeing presentations, can help support good money management and reduce stress and absenteeism commonly associated with poor money management. To find out more, check out our Employer Partner page.

Financial Education

We have been promoting financial education since we opened in 1989, but over the past 10 years, we regularly hold financial education events in primary schools and high schools. In doing so, we hope that future generations will be capable of making healthy financial decisions throughout their lives. Check out our financial education page for more information.


The Good Business Charter

We were delighted to be the first credit union to receive accreditation from the Good Business Charter which provides recognition for responsible businesses. The GBC has partnered with the Living Wage Foundation, the Ethical Trading Initiative, and the Prompt Payment Code, amongst others, as part of its accreditation process.

The charter set out standards that we’re proud to promote and helps reinforce our inherent belief that by doing right by our members, our staff, and our community is not only good for business, but also for society.

FairLife Charity

The FairLife Charity aims to promote financial education and improve lives by helping to encourage better standards in the financial services industry.

Our savings, loans and mortgage products have been awarded with their FairLife Mark, which highlights our commitment to fair trading, honest pricing and embracing good practice.

Prompt Payment Code

We are a signatory of The Prompt Payment Code (PPC), a voluntary code of practice for businesses, administered by the Office of the Small Business Commissioner on behalf of BEIS. It was established in December 2008 and sets standards for payment practices between organisations of any size and their suppliers.

As a signatory of the PPC, we undertake to:

  • Pay suppliers on time
  • Give clear guidance to suppliers
  • Adopt and encourage good practice