Our Directors Academy provides a fantastic opportunity to build your skills and understanding of a Non-Executive Directors role within the credit union and prepare you to potentially take on a Director’s position in the largest and most successful credit union in the UK. The programme provides a framework defined in conjunction with industry recognised bodies, which allows candidates to develop required skills and knowledge in advance of prospective positions becoming vacant on the Board.
The Board of Directors
Glasgow Credit Union is led by a Board of Directors, each with a diverse range of skills and expertise. Elected from within the membership, the Board is accountable to all members and it is their role to define the strategy, approve business plans and to challenge and support the Chief Executive Officer.
Our Board of Directors carry a great deal of responsibility and invest a significant amount of time in their roles. However, they recognise that members are our biggest strength, which is why it is so important to involve them in setting our future path. To ensure all members (regardless of industry knowledge or background) have an opportunity to become involved, this bespoke training programme has been introduced.
Do you have the passion to make a difference?
Over the last 30 years, our aim has been to improve the lives of members by encouraging thrift and financial well-being. The story of our success is down to our members. Eager to spread the benefits to more people each year, our members help drive us forward by making sure we remain relevant in today’s modern world.
Our Directors Academy incorporates development and recognition from industry recognised bodies, such as the Institute of Directors. Over the course of six months, training will provide candidates with the confidence and ability to quickly embrace the responsibilities of a Board Director.
To qualify for application to the Academy there are two requirements:
You must be able to commit to the training dates on the syllabus; and
You must have been a member with Glasgow Credit Union for at least 12 months.
The Academy incorporates the following development courses run in conjunction with the Institute of Directors (IOD):
The role of the Non-Executive Director;
Finance for Directors.
Commencing March 2020, this six-month programme aims to help build an understanding of the credit unions’:
Purpose and history;
Rules, Regulations and Legislation;
Business model, strategy and structure;
Operations, oversight and governance.
How do I find out more information about the Directors Academy?
If you are interested in this unique opportunity to develop your skills and help build a healthier credit union, please email: DirectorsAcademy@glasgowcu.com
Please check first that you are eligible to apply:
You are aged 18 or over
You have had an active Glasgow Credit Union membership for at least 3 months
You have a UK bank account in your own or joint names
You are a permanent UK resident
You have never been bankrupt or had a Court Decree
To complete your application you will need:
Your current employer's address details
Details of monthly income and outgoings
Bank or building society details (sort code and account number)
To enable us to make a decision on your loan application we will contact Credit Referencing & Fraud Prevention Agencies. This will register a search against your credit record and if your application is successful we will share the information we hold for you with these agencies. Further details are available in our Privacy Notice
It is important that you read the Privacy Notice document above. If there is anything that you do not understand, please contact us.
Please be aware that the longer you take to pay back a loan, the more you will pay back in interest. If you go for a shorter term your monthly repayment might go up, but you'll save in interest and pay back your loan faster.