The credit union was established in 1994 by a group of taxi drivers and was initially set up as a savings club but was registered in June 1995. The first loan granted was understood to be for £500 and was handed out in 1995.
In 2007 Westquarter and Redding Community Credit Union who had started in 1991 joined the existing savings group and the name was changed to Falkirk District Credit Union. Membership grew further over the next ten years.
2014 saw Grangemouth Credit Union established in 1998 transfer to Falkirk District Credit Union. November 2015 some Local politicians got together with members to celebrate the 20th anniversary of the Credit Union. Also, in that year the credit union had just over £1.6 million in shares and loans of £848,000.
Membership stood at 2233 adult and 524 junior members and there have been many more throughout the years. Development also in 2015 of on line access via the website was greatly received by the membership.
In march 2016 the credit union took part in Westquarter &. Redding. Community Project providing a successful outcome of what the credit union can offer to the community.
At the launch of the refurbished office, funds were raised for Strathcarron Hospice in memory of Margaret Bennett, a former board member. In addition, all new members £2 joining fees from the week were donated to Strathcarron Hospice.
Want to find out more?
Visit the Falkirk Credit Union website, or get in touch with their team:
Telephone – 01324 473695
Email – fdcu@btconnect.com
Copyright British Credit Union Historical Society 2018 – All rights reserved
British Credit Union Historical Society 