Busy start to the year for Highlands credit union
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A CREDIT union in the Highlands and Islands has enjoyed its busiest start to a year in its five-year history.
Membership of the HI-Scot Credit Union now stands at over 2000 and interest in it continues to grow.
Commenting on its success, David Mackay, HI-Scot general manager, said: “There are many reasons why individuals are looking at their local credit union for saving and borrowing.
“The banking crisis has dented confidence and people want a financial organisation which they feel they can trust and one that exists solely for the benefit of its members. That is exactly what the credit union offers.”
It started in a small way in the Western Isles and has continued to expand. The organisation has also just announced the introduction of a new product, a credit union prepaid debit card, which is electronically loaded with funds from a member’s account. It can then be used to withdraw cash at any automated teller machine and it can be used to purchase goods in stores, by telephone or over the internet.
For more information visit www.hi-scot.com