Established in 1980 Companies House Number 5CUS
Was founded in February 1970 after a meeting in saint Laurence’s Church hall. The first collection brought in £19. The credit Union was first known as Western Credit Union and was the first credit union in Scotland.
Bert Mullen was the main driving force behind setting up the Credit Union and started investigating in early 1969 writing to John Hume MP at Derry credit Union. He inspired many others throughout not only Glasgow but also the whole of Scotland to set up Credit Unions within their communities.The furthest was in Stornoway on the isle of Lewis.
The biggest promotion of credit unions anywhere in the UK was taken up by Glasgow city council in the summer of 2013; each high school was allocated a credit union partner. Credit union leaders around Glasgow visit schools to explain how the 5,000 new recruits can save into their accounts and, once they are 18, take out a loan. Drumchapel was one of those credit unions.
Drumchapel serves over 3,000 members who have savings of over £3.5 million, with borrowing in excess of £2 million. General Manager Trisha Butler oversees the day to day running of the Credit Union. They have 6 staff and 12 volunteers (including the Board of Directors). Drumchapel Credit Union have purchased and renovated a former scout hall in the heart of the community as their office. Although Drumchapel is based in a Housing Estate in the West of Glasgow, the common Bond includes anyone who lives or works in a G postcode.
In 2020 plans to celebrate this special year have unfortunately been delayed due to the Covid 19 global pandemic; however the support our credit union has provided members in that year typifies what has been achieved since the credit union was first established 50 years ago.
At the ABCUL Annual Conference 2020, representatives from Drumchapel Credit Union were awarded special recognition by ABCUL President, Karen Bennett. Speaking to delegates at the conference, Karen said: “50 years of service to members is an incredible achievement.
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