Christmas is Past But Hi-Scot Credit Union Can Help Save For Next Christmas
29th December 2023
3500 thousand credit union members save with Hi-Scot credit union.www.hi-scot.com www.hi-scot.com/Christmas-Savers
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As the cost of living continues to rise across Scotland, HI-Scot Credit Union is launching HI-Save, a new community campaign aimed at encouraging people across the Highlands and Islands to begin saving regularly and to build stronger financial resilience. The campaign comes in response to stark figures.
6/10/2025 : Banks & Finance
In the Highlands and Islands, community spirit runs deep. From Shetland to Skye, from Caithness to Uist, people know the power of looking out for one another.
4/7/2025 : Banks & Finance
Many people want to save and help their community by making funds available at good rates from a local entity such as Hi-Scot Credit Union that covers Highland and Islands. Credit Unions encourage savings as well as offering affordable borrowing but lets take a closer look.
22/5/2025 : Banks & Finance
The Financial Conduct Authority (FCA) has found that one in ten people have no cash savings at all, and another 21% have less than £1,000 to draw on in an emergency. The regulator's research also shows that one in four people in the UK have low financial resilience, meaning that they have missed payments, are struggling to keep up with commitments, or don't have savings to help them through difficulties.
14/3/2025 : Banks & Finance
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.
11/7/2024 : Banks & Finance
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.
1/5/2024 : Banks & Finance
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.
2/7/2023 : Banks & Finance
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.
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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.
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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.
