Category Archives: General

Support from Michael McCann

Michael McCann has given East Kilbride Credit Union his wholehearted backing and has urged constituents across East Kilbride and Strathaven to support the local, community-based financial organisation where members save together and have access to affordable credit.

And he followed up his words with actions this week by opening his own account at the credit union’s headquarters in the Village, East Kilbride.

Michael said, “The banking crisis was a real body blow to the nation’s economy, but if you analyse the banking sector it was the cooperative-based models, like credit unions, that weathered the storm best and have emerged from the crisis intact.

“The credit union is owned and controlled by its members but it also benefits from strong support from the Association of British Credit Unions Limited (ABCUL) and is regulated by the Financial Services Authority.

“I suppose, like many people, I have always wanted to join the credit union but never got around to it. I have changed that this week by opening my own account and I hope many others follow in my footsteps.

Its worth remembering that credit union membership is open to anyone who lives in East Kilbride and Strathaven. Other local credit unions are available across the constituency.”

John Lange, the general manager of the EK credit union, and board members, briefed the new local MP on forthcoming proposals to change regulations governing credit unions and are now seeking Michael’s support for their continued success.

John said, “We are delighted Michael is involved with our work and that he has confirmed he can advocate for our industry’s needs in parliament. We look forward to a long and fruitful relationship.”

MSP praises Credit Union on 30 years of service to the people of East Kilbride

Central Scotland Labour MSP Margaret McCulloch praised her local credit union for 30 years of service to the people of East Kilbride – and even signed up to join – after meeting with General Manager John Lange, credit union stalwart Pat Farrell and local staff at the Village headquarters of East Kilbride Credit Union.

East Kilbride Credit Union was founded in 1982 and has since grown to have over 5000 members, with 500 junior savers, assets of £5 million and £2.8 million of loans to the people of East Kilbride and the surrounding area.

Credit Unions are an ethical and affordable alternative to high street banking and high interest lenders such as pay day loan companies. Credit Unions are owned by their members and their collective savings are used to lend to other members in a fair and accountable way.

Margaret McCulloch MSP said: “East Kilbride Credit Union has served the community for 30 years and it is still going strong, with a great profile and a great record in the town. I was only too happy to join up and to do my bit to promote the service that is available locally because I know that credit unions are a unique, affordable alternative to other lenders at a time when household budgets are being squeezed and the economy is quite uncertain.

John Lange, General Manager of East Kilbride Credit Union, said: “All of us at East Kilbride Credit Union are delighted that Margaret found the time to visit us and discuss the issues facing credit unions. As our newest member, she will benefit from being part of the fastest growing financial sector in the UK and we know that she will be a great advocate for credit unions in the Scottish Parliament.”ff, good volunteers and good members behind them that East Kilbride Credit Union will go from strength to strength in future, regardless of the economic situation.”

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Debit Card Payments

East Kilbride Credit Union now accepts payments by Debit Card.

You can call into the office to make a payment or simply phone us on 01355 224771 where a member of staff will be happy to process your payment for you.

EKCU Hosts Event for Overseas Visitors

EK Credit Union recently welcomed credit union colleagues from as far a field as Colombia, Kenya, Botswana, Canada, Ghana, Russia and the Cayman Islands to share their knowledge and understanding of credit unions all over the world.

Each year the World Council of Credit Unions (WOCCU) hosts an annual general meeting and conference in a different country, this year the chosen venue was Glasgow’s SECC with 1700 delegates attending from over 60 different countries around the world.

As part of the conference, local credit unions are invited to host an event and 19 credit union colleagues attended the event hosted by EK credit union. After introductions they were invited for a tour of our office by directors, staff and volunteers before travelling to Gracie’s Café at the Loch, where Pipe Major Roddy Shanks was on hand to entertain the guests with a few Scottish tunes.

Credit union at heritage park. John Lang tel: 01355 224771
Credit union at heritage park. John Lang tel: 01355 224771

Chairperson of EK Credit Union, Stephen Sherriff said, ‘It was an honour and a pleasure to welcome our guests. Every delegate mentioned how friendly and welcoming the staff and volunteers were and I know we all learned a great deal from the visit. We had a great time and I would like to thank everyone who made the even a success.’

Corrinne Glasgow, the chief executive officer for the Cayman Islands Civil Service Credit Union added, ‘It is good to know that wherever you go, you are never far from the worldwide credit union family that works so hard towards giving people a better chance in life. I would like to thank our hosts at East Kilbride for such a wonderful evening.’

Visit to EK Dementia Carers Group

Our manager, John Lange, recently visited EK Dementia Carers Group where he gave a brief introduction to the Credit Union and encouraged attendees to join one of the fastest growing financial sectors in the UK.

John was able to answer questions on a wide range of issues regarding credit unions including savings, loans and insurance. If your group would benefit from a talk from the credit union, don’t hesitate to contact us on 01355 224771.

Share Withdrawals Now Available Online

East Kilbride Credit Union Ltd is pleased to announce that member’s can now arrange share withdrawals online.

Member’s who have a PIN and can log in to their account online, can complete a share withdrawal request form.

Once staff have authorised the request it will be paid into the members bank account via BACS. Please visit the share withdrawal page in the ‘member’s area’ for more information.