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Banks & Finance News

15/10/2020
International Credit Union Day - Join Hi-Scot Credit UnionThumbnail for article : International Credit Union Day - Join Hi-Scot Credit Union
International Credit Union (ICU) Day celebrates the spirit of the global credit union movement.  The day is recognized to reflect upon the credit union movement's history, promote its achievements, recognize hard work and share member experiences.  
27/9/2020
Employers Can Help Workers Save With Payroll DeductionThumbnail for article : Employers Can Help Workers Save With Payroll Deduction
If your business would like to support employees in building a regular saving habit, call HI-Scot Credit Union..  
18/9/2020
Saving In The Time of Pandemic - Check Out The Credit UnionThumbnail for article : Saving In The Time of Pandemic - Check Out The Credit Union
2020 has not been the easiest of years and, for many people, saving has been the last thing on their minds - but there's never been a more prudent time to think about putting money aside for a rainy day.  Or a global pandemic.  
20/8/2020
Over 1000 Cars Bought By Hi-Scot Credit Union LoansThumbnail for article : Over 1000 Cars Bought By Hi-Scot Credit Union Loans
A Hi-Scot credit union loan is now easier than ever to arrange for members.   Cars are a popular reason to borrow but loans can be arranged for a wide range of things.  
5/8/2020
Save With Your Credit Union - Hi-ScotThumbnail for article : Save With Your Credit Union - Hi-Scot
Hi-Scot Credit Union is a membership organisation covered by the Financial Services Authority who guarantee savings in credit unions.   It makes sense to save with us Everyone benefits from regular saving, as it allows us to work towards our financial goals and gives peace-of-mind should an emergency arise.  
5/8/2020
Get A Loan With Your Credit Union - Hi-ScotThumbnail for article : Get A Loan With Your Credit Union - Hi-Scot
Hi-Scot Credit Union covers the Highland and Islands and is membership organisation covered by the Financlal Services Authority Directors are elected each year and are unpaid volunteers with professional staff running the day to day business.  Online banking has recently become available for members.  
22/4/2020
Royal Bank Launches Card For Carers
Royal Bank of Scotland is introducing a new ‘companion card' - a supplement card to an existing current account that enables vulnerable customers and those in extended isolation to give trusted volunteers a way to pay for their essential goods.   New card offers quick & easy way for vulnerable customers to pay for essentials through a trusted carer or volunteer.  
17/3/2020
Hi-Scot Credit Union - Ready For CoronavirusThumbnail for article : Hi-Scot Credit Union - Ready For Coronavirus
COVID-19 (coronavirus) information.   We're here to help We're here to support you in a number of different ways.  
26/2/2020
HI-Scot credit union is on a mission - to get the Highlands and Islands saving in 2020Thumbnail for article : HI-Scot credit union is on a mission - to get the Highlands and Islands saving in 2020
"As we enter our fourteenth year of business, we'll be spreading the word about the benefits of saving with the credit union," said HI-Scot's General Manager, David Mackay.  "HI-Scot is member led and member run and we offer a range of services." HI-Scot is well established in the Western Isles, where the credit union is based.  
6/2/2020
Why Payroll Deduction? - Check Out Hi-Scot Credit UnionThumbnail for article : Why Payroll Deduction? - Check Out Hi-Scot Credit Union
In 2020, HI-Scot credit union's focus is on making saving and borrowing easier for our members, particularly through the use of payroll deduction with businesses across the Highlands and Islands.   Thousands of employees already have access to payroll deduction with HI-Scot, something the credit union wants to build on in the coming year, promoting the service to employees who work with existing partners and showing other businesses the benefits of offering payroll deduction to their staff.  
30/1/2020
Hi-scot Credit Union Offers Payroll Deductions
HI-Scot, the credit union for the Highlands and Islands, has vowed to make 2020 the year when saving and borrowing are even more accessible.  With a focus on payroll deduction, allowing people to save directly from their pay packet every month via their employer, the credit union offers a viable alternative to high street banking in 2020.  
23/12/2019
Record-breaking fraud prevented in run up to Christmas
Royal Bank of Scotland prevents over £11.64million of fraud in run up to Christmas (29 Nov to 19 Dec 2019).   A record-breaking number of transactions are being processed in the run up to Christmas as shoppers rush to finish last minute shopping.  
23/12/2019
Best Year Ever For Hi-Scot Credit UnionThumbnail for article : Best Year Ever For Hi-Scot Credit Union
As 2019 draws to an end, the staff and volunteers at HI-Scot credit union are reflecting on a successful year for the organisation.   "We are pleased to report that 2019 was another twelve months of growth for HI-Scot," said Margaret Ann MacLeod, Chair of the Board of Directors, "This is good news not only for the credit union, but for our members and the communities we serve across the Highlands and Islands." At the recent HI-Scot AGM, the members attending approved a 0.5% dividend.  
28/11/2019
Hi-Scot Credit Union Savers Ready For ChristmasThumbnail for article : Hi-Scot Credit Union Savers Ready For Christmas
Christmas came early across the Highlands and Islands for members of HI-Scot credit union.  Canny savers received their Christmas savings in November, leaving plenty of time to get their Christmas shopping done.  
30/10/2019
Hi-Scot Credit Union Is 13 Years Old And Still GrowingThumbnail for article : Hi-Scot Credit Union Is 13 Years Old And Still Growing
The number thirteen might be unlucky for some, but not HI-Scot credit union who are celebrating thirteen years of serving their members across the Highlands and Islands of Scotland.   From humble beginnings as an idea conceived by hard-working volunteers determined to bring an ethical, community-minded option for saving and borrowing to the islands, Western Isles credit union (HI-Scot's original incarnation) opened its doors in 2006.  
11/10/2019
Work Not Worry - Help Your Employees Save With Your Credit Union
Employers can help their staff to save very easily by offering payroll deductions each month with a credit union.   Credit unions are financial co-operatives owned and controlled by their members.  
1/10/2019
Hi-scot Credit Union Taking Part In Worldwide CelebrationsThumbnail for article : Hi-scot Credit Union Taking Part In Worldwide Celebrations
In October HI-Scot, the credit union for the Highlands and Islands, will take part in a worldwide celebration of credit unions.   Thursday 17th October is International Credit Union Day 2019, a day which highlights the history and achievements of the movement, as well as raising the profile of the work of credit unions in local communities, reflected in this year's theme: 'Local Service, Global Reach.' "HI-Scot has been working across the Highlands and Islands for thirteen years and, in 2019, we have over three thousand members," said HI-Scot General Manager, David Mackay, "In that time we have approved over four thousand loans.  
19/6/2019
Clydesdale Bank Name To Be Rebranded To Virgin MoneyThumbnail for article : Clydesdale Bank Name To Be Rebranded To Virgin Money
Savers with Virgin Money, Yorkshire Bank and Clydesdale Bank face changes to their compensation limits later this year.   Clydesdale and Yorkshire Bank Group (CYBG) bought Virgin Money last year to create the UK's sixth largest bank.  
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18/4/2019
TSB - The Bank Reductions Keep Coming - Thurso And Wick Reduced Opening HoursThumbnail for article : TSB - The Bank Reductions Keep Coming - Thurso And Wick Reduced Opening Hours
MSP contacts TSB chief executive after closure and reduced hours released.   MSP David Stewart has called for the UK Government to take action to stem the flow of bank closures and the pattern of reduced banking hours following the announcement that the TSB is to close a Moray branch and cut hours at other branches across the Highlands.  
7/3/2019
Easy To Join The Hi-Scot Credit Union Online - Saving And BorrowingThumbnail for article : Easy To Join The Hi-Scot Credit Union Online - Saving And Borrowing
HI-Scot has been in existence since 2006, though up until 2010 was under the name of Western Isles Credit Union.  The name was changed to HI-Scot to reflect that fact that we'd moved to a position of serving all of the Highlands & Islands, and indeed anyone who lives or works in this area can apply to join us.