Say Hi To Your Highland And Islands Credit Union for Saving and Borrowing
31st May 2023
Hi-Scot credit union covers the Highland and Islands and is a not for profit organisation helping more and more people. Hi-Scot has been growing slowly over recent years and now holds significant savings. Everyone should think about joining as it helps your community both as savers and borrowers.
Everyone benefits from regular saving, as it allows us to work towards our financial goals and gives peace-of-mind should an emergency arise. Committing yourself to a regular saving pattern can be difficult but at HI-Scot it's easy by either standing order or payroll deduction, and our members can save at an affordable level, be it £1 or £100.
Members can also request a dedicated payment card to make deposits to their accounts at any Post Office or PayPoint outlet, making saving even easier. Small regular amounts soon add up and remember that at HI-Scot you are not just another customer, but a co-owning member of an organisation which provides security and protection.
Benefits include all savings covered by government, free insurance cover on loans, Internet Banking now operating. Christmas savings scheme and more.
Read more and join on the Hi-Scot web site
Related Businesses
Related Articles
Saving money regularly can help improve sleep, a new report suggests. Putting a monthly amount aside, however small the sum, also helped people to relax and be more optimistic about the future, the study by academics at Bristol University found.
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.
3500 thousand credit union members save with Hi-Scot credit union. Starting to save in January will make things a lot easier by Christmas 2024.
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.
The figures were revealed as the government plans new rules for the sector, allowing it to deliver more products including car finance. Figures from the Bank of England show that credit unions are lending record sums to UK customers, as the cost of borrowing continues to rise.
Addressing credit union professionals at the ABCUL Conference last month, John Glen MP, Economic Secretary to the Treasury, highlighted the positive impact the sector have in communities across the country. The Minister thanked credit unions in his speech for "delivering services that your members, communities, and the country need...
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.
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.
The history of credit unions in USA has been one of growth over many years. The public in many states seem to have moved in greater numbers and saved even more with their local credit union.
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.