Easter - Have You Finally Checked Out Joining A Credit Union?

30th March 2018

What? You thought about but never got round to it.

Now the Hi-Scot Credit Union have made it easier than in the past.

You can join online and saving is easy.

An annual dividend is paid on deposits.

Need a loan with low interest - check out the loans at Hi-Scot. The rates will surprise you compared to all those loans advertised on TV.

Credit Unions do not have shareholders. They are financial cooperatives with all benefits going to members.

Hi-Scot membership has been growing slowly over the past few years. It has over £3million in savers deposits and has at present loans amount to almost £1.8million.

Membership at the and of February 2018 stands at 2607 adults and 202 juniors. Those savers are building up and presently are 54% males and 46% females.

Loans can be for almost anything and are very popular for home improvements and car purchase.

Loans can be from £100 to £15,000.

Hi-Scot credit union runs on very low overheads with only its original office in Stornoway staffed.

Why join? - Here are few reasons -

- An easy way to save

- A cheap way to borrow

- Insurance on loans at no extra cost

- Profits returned to members

- Money stays in your community

- Savings protected by Financial Services Compensation Scheme (FSCS) - the same as a bank account.

- Regulated and insured so you know your money is safe

- Part of the world wide movement

- Savings schemes for young people too

Credit Unions aim to help you take control of your money by encouraging you to save what you can, and borrow only what you can afford to repay.

Oh and also a Christmas Savers scheme.

Check the web site for much more and an easy loan checker on the front page. www.hi-scot.com

Think about it!

Low Cost For Borrowers.

Dividend for savers.

Juniors accounts to encourage the saving habit.

Free insurance on loans.

Check it out

Want to read more on other web sites -

Advantages of Credit Unions