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The NHS Credit Union started life whenever group of workers met up to really make the Glasgow NHS EmployeesРІР‚в„ў Credit Union. Our base that is very very first was previous Southern General Hospital, plus in our very first one year, we attracted 625 users. In those very very very very very first 12 months, we issued 260 loans having a value this is certainly total of over Р’Р€۱۲۳,۰۰۰. The largest loan that is solitary been for Р’Р€۲,۰۰۰.
From the time then, the credit union has expanded dramatically, and from our Glasgow workplace, we presently provide an extensive collection of financial methods to more than 15,500 NHS employees and their family members users, additionally NHS contractors, through the entire of Scotland whilst the North of England.
Our business is owned by our individuals РІР‚вЂњ and operate totally for their benefit. In the beginning with this specific financial year, weвЂ™d released loans totalling a lot more than Р’Р€۵۶million РІР‚вЂњ and our usersРІР‚в„ў cost cost savings had been almost Р’Р€۱۵m. Individuals are now able to access loans up to Р’Р€۲۵,۰۰۰.
The credit union is run with a board of volunteer directors, who oversee a staff that is full-time of people. We’ve been authorised due to the Prudential Regulation Authority and managed by the Financial Conduct Authority in addition to the Prudential Regulation Authority.
Our authorized title and target is NHS (Scotland and North England) Credit Union Ltd. Pavilion 3B, Moorpark Court, 9 Dava Street, Glasgow, G51 2JA