Banks & Finance Articles
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.
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.
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.
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.
A Caithness-based mortgage adviser is celebrating after passing her final exam to gain the Diploma in Regulated Financial Planning. Kayleigh Ross works at Phil Anderson Financial Services in Wick as a mortgage adviser has passed the Chartered Insurance Institute Exam R06 - Financial planning practice.
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.
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 Thurso branch of the TSB will close on 22 April 2022. TSB will continue to have 7th largest branch network with over 200 branches No closures where TSB is currently "last branch in town" 10 further ‘pop-up' branches to be opened 150 fewer roles but all impacted staff to be offered alternative roles at TSB TSB has announced it will close 70 branches in 2022 as it responds to declining branch use and increasing numbers of customers switching to digital banking services.
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.