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Banks & Finance Articles

11/10/2019
Work Not Worry - Help Your Employees Save With Your Credit UnionThumbnail for article : 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.  
23/1/2019
Thurso Santander Bank Branch Escapes Closure as 140 Branches AxedThumbnail for article : Thurso Santander Bank Branch Escapes Closure as 140 Branches Axed
Santander has today announced plans to reshape its branch network and close 140 branches in response to changes in how customers are choosing to carry out their banking.   Santander's future branch network will be made up of a combination of larger branches offering improved community facilities to support local businesses and customers, and smaller branches using the latest technology to offer customers more convenient access to banking services.  
10/12/2018
Hi-Scot Credit Union Annual General Meeting - Extension Meeting In WickThumbnail for article : Hi-Scot Credit Union Annual General Meeting - Extension Meeting In Wick
Hi-Scot Credit Union has its Annual General Meeting on Wednesday 12th December 2018 at 4.00pm.   The office of the credit union is based in Stornoway and due to the geography of Highland and Islands has moved more and more online.  
14/11/2018
Scottish Government Launches ‘people, Not Profit' CampaignThumbnail for article : Scottish Government Launches ‘people, Not Profit' Campaign
Scottish Government Launches ‘people, Not Profit' Campaign To Support The Scottish Credit Unions Sector.   The ‘People, Not Profit' credit unions campaign has been launched by Aileen Campbell, Cabinet Secretary for Communities and Local Government today (Wednesday 14 November 2018), as results of a new survey reveal that one in five (20%) people in Scotland have not heard of a credit union.  
Rural Banking Survey ExtendedThumbnail for article : Rural Banking Survey Extended
Individuals, businesses and community groups in and around 14 communities in the Highlands and Islands have an extra two weeks to take part in an online survey on rural banking services.   Among other things, the survey asks about the importance of being able to withdraw and deposit cash locally, experiences of using Post Office and mobile banking services, and the perceived impacts of local branch closures.  
Rural Banking Survey ExtendedThumbnail for article : Rural Banking Survey Extended
Individuals, businesses and community groups in and around 14 communities in the Highlands and Islands have an extra two weeks to take part in an online survey on rural banking services.   Among other things, the survey asks about the importance of being able to withdraw and deposit cash locally, experiences of using Post Office and mobile banking services, and the perceived impacts of local branch closures.