Staff at NHS Forth Valley are encouraged to take advantage of the NHS Credit Union, which currently offers financial services to more than 13,500 NHS staff and their families across Scotland and the North of England.
The last financial year was the most successful ever for the Credit Union with loans issued during November smashing through the million pound mark. It was the first time in the organisation’s 17year history that loans had topped £1million in any one month.
The previous month saw 360 new members signed up – the highest total for any month since the Credit Union started out in November 1998 in the nurses’ quarters of Glasgow’s Southern General Hospital.
Like all credit unions, the NHS Credit Union is run for the benefit of its members, with no profits going to external shareholders.
Another unique advantage of membership is the FREE financial protection scheme for savings and loans to protect families in the event of a member’s death (subject to terms and conditions).
In addition, credit unions are regulated in a similar way to banks and building societies, with savings protected by the Financial Services Compensation Scheme up to £75,000 per individual account.
To find out more and join visit www.nhscreditunion.com/2016