- £7 Annual Membership Fee (AMF) will be collected on 30 September 2025.
- Please make sure you have enough in your account to cover the fee and keep the £5 minimum balance.
- Handy tip: Having £12 in cleared funds covers both.
From 1 October 2025, we’re switching to a more manageable £0.75 monthly fee (agreed by members at our February 2025 AGM).
- The monthly fee is usually taken alongside your regular weekly or monthly deposits, so there’s no big annual sum to remember.
Why we’re making this change
We listened to member feedback at our last AGM and agreed to replace the once-a-year fee with a small monthly amount. Moving to 75p per month makes budgeting easier and means the fee is collected automatically with your normal deposits wherever possible—removing the need to keep a larger sum back each September.
What your membership funds (for you and our community)
Your membership helps us provide—and continually improve—services that matter:
Affordable, ethical loans
Digital signatures for fast, paper-free forms
Improved mobile app (rolling out)
Real people on the phone 40 hours per week
Public counter open 3 days a week
Face-to-face appointments when you need them
Multiple ways to pay in (choose what suits you)
Life Savings & Loan Protection insurance (at no direct cost to members; eligibility/terms apply)
A service recognised with three awards
Thank you—your ongoing support helps us deliver fair finance and strengthen our local community.
What you need to do now
- Check your balance in online banking/the app or give us a call.
- Make sure you’ll have at least £12 in cleared funds by 30 September 2025 to cover the £7 AMF and keep the £5 minimum balance.
- No action needed for October: from 1 October 2025 the new 75p monthly fee will be taken on the last day of the month—normally alongside your regular deposits.
If covering the fee might be difficult just now, please contact us—we’re here to help.
Frequently asked questions
When is the Annual Membership Fee taken?
On 30 September 2025.
How much should I keep in my account?
We recommend £12 in cleared funds to cover the £7 fee and keep the £5 minimum balance.
What changes on 1 October?
We move to a £0.75 monthly membership fee, agreed by members at the February 2025 AGM. It’s designed to be more manageable, taken monthly on the last day of the month.
Will I need to remember anything each month?
Generally, no. The monthly fee is normally collected from your share account, so there’s no big annual lump sum to set aside.
What if I don’t make a deposit in a given month?
As long as you have funds in your share 1 account, your monthly membership fee can be covered.
What about the insurance you mention?
We provide Life Savings and Loan Protection insurance at no direct cost to members. Eligibility, age limits and terms apply—ask us for details.
Need a hand?
If you have questions or want help checking your balance, contact the EKCU team. We’re available by phone during our 40 hours per week opening times, at the public counter 3 days a week, and for face-to-face appointments.
Thank you for being part of East Kilbride Credit Union.
