The Scottish Government is urging all employers to offer the services of a credit union to their staff via payroll deduction, according to a report published earlier this month.

The findings of ‘Scotland’s Credit Unions: Investing in Our Future’, a report by the Scottish Government’s Credit Union Working Group were backed up by First Minister Nicola Sturgeon, who has written a letter to employers across Scotland in a bid to increase employer credit union payroll deduction schemes.

Business Minister, Fergus Ewing said ‘“Credit union membership enables people at every income level access to financial services at more affordable levels than many of the high street banks.  We want to see the credit union sector continue to grow and thrive, and by implementing the recommendations in this report, it is hoped that Scotland will prove to be an enabling environment for credit unions.’  A copy of the Scottish Government’s report into credit unions can be found here.

Glasgow Credit Union leads with way in the UK credit union sector, with over 90 Employer Partners, and a membership of over 37,000.  For over 25 years, Glasgow Credit Union has been providing savings and loans via payroll deduction to the employees of some of the best known names in Glasgow business.  Employer partners include: STV, Glasgow City Council, Woodwise Joiners, The Glasgow School of Art, Search Recruitment, KURA, Morris and Spottiswood, Cube Housing Association and City Building.

Employers of all sizes that operate from within the greater Glasgow, G postcode area are eligible to become a Glasgow Credit Union Employer Partner.  If you want more information on how your organisation can join, contact Paul Rytel on 0141 274 5415, or email [email protected].