Established in 1991 Companies House Number 68CUS
Founded in November 1991 as Blantyre Credit Union. The first year the credit union had acheived178 members with deposits worth £10,452 and loans worth £8,010.
Operating in the Blantyre Community Centre. The credit union was growing fast and larger premises were required, and in 1999 successfully negotiated the purchase of a vacant ex rent office in a prime high street location in Blantyre.
The credit union first extended its common bond to cover neighbouring Bothwell and part of Uddingston in 2006, also including anyone who works in those areas in 2007.
The common bond was extended to the whole of South Lanarkshire in 2009 and the name changed to Blantyre and South Lanarkshire Credit Union with the merger of ML9 Credit Union in Larkhall. A further merger took place with Rutherglen Credit Union in 2013
In 2014 the common bond was further extended to include and serve anyone who lives or works in North Lanarkshire. Re-branded as Lanarkshire Credit Union in early 2016 the credit union celebrated its twenty-fifth birthday in November of that year and has branches in Blantyre, Rutherglen and Larkhall.
SAVVY SAVERS Founded in 2008 with support from the Scottish Government, the Leader Fund and the local council the project has flourished in to a huge success, working with over 80 schools across South Lanarkshire.
The project aims to teach children of all ages how to manage their finances, and to understand debt and its effects in a fun and educating way. With relation to the “Curriculum for Excellence”, the
The project also works with schools to help them establish their own Credit Union and teach children to run them independently, helping children gain valuable employment and communication skills and building their confidence. Children are given the opportunity to apply for positions in their school’s Credit Union, with that they are also given an interview.
This is a great opportunity for them to gain experience for the future, giving them an insight into what it would be like to apply for a job. Positions available to pupils are; Supervisor, Cashier, Teller and Development Worker.
Today, the credit union serves over 22,000 members – including almost 8,000 junior savers –saving is more than £14 million with the credit union and borrowing is over £6.2 million.
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