Established in 1990 Companies House Number 43CUS
The credit union is a member owned; community based financial co-operative, offering services to its members on a not for profit making basis. The values are founded in the co-operative philosophy of equality, equity and mutual self-help. The purpose of the credit union is to provide all members with a high quality, economic and social service in an efficient and ethical manner. This is achieved by offering attractive rates for the benefit of members while maintaining the co-operative ethos.
From humble beginnings the credit union has grown and they continue to provide the services of Savings and Loans to members. The operations and management of the credit union was originally carried out by volunteers and a Board of Directors. The Common Bond was extended wider afield, to areas which were not already being served by any other credit union.
The Credit Union offers a Junior Saver Account where children can start saving until 18 and can then transfer to an adult account helping them with finances as they go through life.
The Credit Union saw significant growth over those years, so much so the Directors decided to acquire custom built premises at 155 Castlemilk Drive in 2002 to accommodate the credit union in the 21st century.
With the introduction of IT and the internet the credit union is allowing the members to complete certain processes online and with the specialist security measures that are provided. Meeting the needs of the members that must always be at the heart of the strategic planning.
Want to find out more?
Visit the Castlemilk Credit Union website, or get in touch with their team:
Telephone – 01416312952
Email – enquiries@castlemilkcu.co.uk
Copyright British Credit Union Historical Society 2018 – All rights reserved
British Credit Union Historical Society 