What are the benefits of joining a Credit Union?
Key Benefits
Credit Unions:
- Provide loans at low rates of interest
- Pay an annual dividend on savings
- Offer a wide range of quality financial products and services
- Offer tailored financial solutions
- Comply with and protected by FSA regulation
- Are ethical and driven not driven profit
- Are easy to join and local
Glasgow has an extensive network of credit unions which include community, occupational and associational credit unions, large and small, employee and/or volunteer run.
Although the main focus for credit unions is placed on the savings and borrowings of members, the sheer diversity of scale within the credit union movement in Glasgow has resulted in the development of an extremely impressive portfolio of high quality financial products and services that will address the needs of everyone.
It really depends on what products and services you want from your credit union.
The Range of Credit Union Financial Products and Services Include:
- Savings Accounts/Dividends
- Free Life Insurance
- Mortgages
- ISAs
- General Insurance
- Christmas Savings Plans
- Young Savers Accounts
- Revolving Credit
- Low cost loans
- Current Accounts
- Foreign Currency
- Child Trust Funds
- Direct Debit
- Funeral Protection Plans
- Bill Paying Services
- On-line account access