Banks & Finance News

Highland and Islands Has Its Own Community Owned Credit Union - Saving or Borrowing Use It

Credit unions have been around a long time.   Hi-Scot credit union covers the Highland and Islands and it is easy to save or borrow at good rates.  

Adult Membership Of Credit Unions Is Increasing And Members Taking Out More Loans

The latest information from the Bank of England shows that adult membership of credit unions across the UK is increasing.   The total number of adult members has been steadily increasing.  

Phil Anderson Financial Services Welcomes New Directors: Peter Brown And Kevin Philip

Phil Anderson Financial Services, a leading financial advisory firm, is pleased to announce the appointment of two seasoned professionals, Peter Brown and Kevin Philip, as Directors.  This strategic move reflects the company's commitment to enhancing its leadership team and providing exceptional financial services to its clients.  

Hi-Scot Credit Union Keeps Interest Rates Low

At meeting of the board of the Hi-Scot Credit Union the directors agreed not to follow other institutions like banks to put up interest rates.   Well worth checking what rates you can still get from a credit union.  

Awards Success For Caithness Financial Advice Firm

Phil Anderson Financial Services has once again been named the Best Financial Adviser to work for at the Professional Adviser Awards in London.  The prestigious award was collected by independent financial adviser Andrew Scouller, who accepted it on behalf of the entire firm.  

Turnover Boost Sees Financial Advice Firm Expand In Caithness

Award-winning, Independent Financial Advisory firm, Phil Anderson Financial Services has expanded it's Caithness operation with the opening of a new office and the appointment of additional team member.   Following a record year, achieving a turnover of £1.63million, a 22% increase from the year before the firm has opened a new office at 13 Kirk Lane in Wick.  

Save And Borrow With Your Highland And Islands Based Credit Union - Hi-Scot

As the world begins to hesitantly open up, it's no surprise that the past two years have taught us the value of shopping local.  But have you ever thought about banking local? "A credit union is rooted in the community, especially as it is owned by its members and not external shareholders," said David Mackay, General Manager of HI-Scot Credit Union.  

From Now To Net Zero: A Practical Guide For SMEs' Report

Climate change poses a risk to every aspect of our lives and reducing carbon emissions to achieve Net Zero is an essential step.  The journey to Net Zero is a long one and the transition of our economy to a sustainable footing will be the most momentous change in business and industry of our generation.  

Banking Protocol: Preventing Fraud And Protecting Members In Credit Unions

The Banking Protocol is a rapid response scheme that will enable credit union staff to alert police when they suspect a customer is being scammed.   Police will attend the branch within the timeframe of an emergency response, enabling them to provide an effective customer intervention, secure evidence to enable them to investigate the potential scam and sometimes catch fraudsters in the act.  

World Council Launches The Global Credit Union Podcast

World Council of Credit Unions is excited to launch a new monthly podcast that will provide the international credit union community with an in-depth look at some of the interesting and important stories it has to tell, particularly in the areas of international advocacy, international projects, education and networking, and digital transformation.   The Global Credit Union Podcast will also be telling stories about the work credit unions across the world are doing on behalf of their members.