Since we opened in 1989, we’ve always championed financial education through encouraging members to save, and borrow responsibly.
As the credit union has expanded, so has our financial education role.
We now work with a variety of organisation to provide tailored sessions, aimed at increasing financial literacy and empowerment. Here’s a look as some of the groups we work with:
It’s never too early to start teaching children about money. At nursery age, children might not grasp where money comes from or understand financial terminology, but they can start to learn basic concepts like spending vs saving and coin recognition.
We’ve worked with several primary schools throughout Glasgow to provide workshops to their students. Mostly working with Primary 6 and 7s, our ‘Introducing Budgeting’ workshop is a fun way to introduce the concepts of income, expenditure and budgeting. All our primary classes also include an introduction to credit unions – helping to educate the children on their future financial options.
Over the years we’ve worked with a number of Glasgow based secondary schools to provide a range of financial education sessions and workshops. For the lower school, we’ve carried out brand recognition excersises, and discussed the prevelance of financial advertising and what to look out for, and upper school sessions include real-life budgetting situations and understanding credit scoring.
For serveral years we have worked with Glasgow Caledonian University, attending their National Student Money Week to speak to students and staff about the benefits of joining a credit union.
We work with over 100 employers around the city, providing their staff with access to our savings and loan products via salary deduction. We regularly carry out site visits with our Employer Partners, attending staff training days, apprentice inductions and wellbeing days.
Employability groups, young parent support classes and housing association tenants are just some of the community groups we’ve worked with in the past. From informal talks on the benefits of saving, to more structured presentations covering all aspects of borrowing and debt – we can tailor our sessions to suit the group.
Get in touch
If you would like to speak to someone about how Glasgow Credit Union could help your organisation with financial education, contact our Community Engagement Officer, Gillian Buckley [email protected]
Please check first that you are eligible to apply:
You are aged 18 or over
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.