Category Archives: General

Summer Loan Sale

Summer Loan Sale
Summer Loan Sale

Summer Loan Sale!

What would you do with an extra £4999?

Is there a special treat you are looking for in the next two months?

East Kilbride Credit Union is delighted to introduce our Summer Loan Sale for current members wanting to borrow between £2000 and £4999.

How does it work?

Can you answer YES to these three simple questions?

  • Are you a member of East Kilbride Credit Union?
  • Are you loan free with East Kilbride Credit Union?
  • Would you like a fantastic low interest of 8.4% APR?

If you do not currently have any borrowing with us you can apply to borrow between £2000 and £4999* at a fantastic low interest rate of 8.4%.

You have to be a member of East Kilbride Credit Union and have been saving with us for one month or more. Apply to take a new loan during the months of May & June of between £2000 and £4999 and you will benefit from our Summer Loan rate of 8.4%.

If this is something you are interested in then fill out the Get In Touch box on the right and a member of staff will contact you to arrange a telephone interview.

Alternatively you can click here to download an application form or here to apply online.

* Terms and conditions & our usual lending criteria apply. No loan is guaranteed.


Treasurer’s Gift

EKCU Treasurer’s Gift

Each year at the AGM the Directors choose one or two local charities to receive a share of the Treasurer’s Gift. This used to be paid to the Treasurer as an honorarium but since most of the finance and accounts work is done on computers by the staff team the Treasurer has very kindly donated the money to charity.

Prostate Cancer UK

Prostate Cancer UK were delighted to be one of our chosen charities and will put our charitable donation to good use.

Women’s Aid South Lanarkshire & East Renfrewshire

Women’s Aid South Lanarkshire & East Renfrewshire greatly appreciated our donation of £300.

Home Start Deposit Loans

What are Home Start Deposit Loans?

Home Start Deposit Loans are personal loans to East Kilbride Credit Union members who are looking to get on the property ladder in Scotland and, as first-time buyers, may find it difficult to save enough for their mortgage deposit. East Kilbride Credit Union will lend you up to 10% of the property value with the maximum loan being £10,000. These loans can be repaid over a period of ten years to ensure that you can manage your finances in the early years of your mortgage repayments.

How does it work?

You have to be a member of East Kilbride Credit Union and make a commitment to save a regular amount for six months before you can apply to borrow.

In order to start saving you will be required to sign a savings agreement to show your commitment to save with the credit union. If you break this agreement the Credit Union will not be able to advance this loan. Any monies already deposited can be withdrawn after six months or remain on deposit if you wish.

The more you save, the more we are prepared to lend. We have decided on the following amounts:

  • Save £150 per month for 6 months and we will lend you up to £7,200.
  • Save £175 per month for 6 months and we will lend you up to £8.400.
  • Save £200 per month for 6 months and we will lend you up to £9,600.
  • Save £225 per month for 6 months and we will lend you up to £10,000.

Your total monthly savings amount must come from a single bank account into the credit union once a month, every month for six months.

You can agree to save with a partner but you must agree to send one single standing order from one bank account to the credit union.

For further information please contact us and a member of staff will be happy to assist.

Home Start Deposit Loans by East Kilbride Credit Union
Picture perfect family homes on a newly built housing estate.


Download a copy of our leaflet here.

Jeans for Genes Day

Our staff took part in Jeans for Genes Day this week helping raise money for genetic disorders.

It’s always great to have a dress down day at work, but even better when it’s for a good cause.



Online Deposits

You can now make payments to your credit union share and loan accounts online through our secure members’ area using your debit or credit card. If you’re not registered to log in to the members’ area why not sign up today?

Extension to Common Bond

We recently extended our common bond and can now accept membership applications from anyone who lives or works within South Lanarkshire, North Lanarkshire, Renfrewshire or East Renfrewshire .

Our new common bond also allows for family members to join the credit union if they live with and are related to an existing member.

Spam Emails – CU Lottery

East Kilbride Credit Union has recently been made aware of an email being circulated among credit union members, suggesting the recipient has won a monetary prize through a credit union lottery.

The email is received from, announcing your win and will most likely ask you to reply with bank details. Any members replying to these emails or providing bank details will be placing themselves at risk of identify fraud.

East Kilbride Credit Union would like to inform members that we don’t run a member lottery and there is no national credit union lottery as stated in the email.

We will never email members requesting confidential information such as bank details or authorise any payment transfers via email.

If you receive one of these emails, please ignore it.

If you are in any doubt about what to do or are unsure about any email you have received regarding the credit union, please feel free to phone a member of staff on 01355 224771.

Third Party Cheques

We are pleased to announce that we are now able to accept third party cheques that are payable to members (previously we could only accept cheques made payable to East Kilbride Credit Union).

Please be advised that all cheques being deposited can take up to 10 days to clear. Loans or share withdrawals will not take account of the cheque deposit until the credit union bank account has cleared them.

Linda Fabiani Has Joined EKCU

Linda Fabiani MSP for East Kilbride has joined East Kilbride Credit Union and is encouraging other residents to do the same.

Linda said: “I have been a Credit Union member for many years and I am delighted to now join East Kilbride Credit Union too in this special 30th anniversary year.

“Credit Unions offer a financial lifeline to many families who might not qualify for mainstream credit and can prevent them from using services which charge huge interest rates for things such as pay day loans.

“Credit unions are a great place for savers too. They promote better money management by encouraging people to save up and helping them to budget properly and stay within their means instead of constantly overstretching themselves.

General Manager of East Kilbride Credit Union, John Lange, said:

“We are delighted that Linda has joined her local credit union at a time when more and more people are using our services. She has always supported us strongly in Parliament and she has a great awareness and understanding of the issues facing credit unions in the current economic climate. I hope this is the start of a long and fruitful relationship.”