Explore the benefits of Credit Unions

As a NLC colleague you can access the benefits of a credit union straight from your salary.   Both Scotwest Credit Union and Thistle Credit Union services are available to all colleagues.

Credit Unions offer loans, mortages, debt consolidation and savings accounts similar to banks however they are financial mutual and therefore member owned.  Find out more below.

Scotwest Credit Union

Scotwest Credit Union is one of the largest credit unions in the UK, existing to provide ethical, competitive and fair financial services to anyone that lives or works within the West of Scotland*, Stirling, Perth & Kinross, Dumfries & Galloway or the Scottish Highlands.

Thistle Credit Union

Thistle Credit Union was founded in November 1991, and was previously known as Blantyre Credit Union. We currently have an adult membership of around 11,000 and over 3,000 junior members.

Wondering why Credit Unions are so popular?

Saving on pay day

Great saving options straight from your salary.

The best time to put a bit of money aside is just after you’ve been paid and with a credit union account saving is easier because the money comes straight out of your pay.

If you’re not in the habit, it’s really hard to know where to start with saving. Many of us pay all our bills at the start of the month when we’ve got money, then save whatever we’ve got left at the end of the month.

But actually, research has shown that people who save the day they’re paid, often have far more success.

Great loan rates

With Credit Unions focus on helping improve the financial lives of their Members, particularly during these uncertain times, they seek to help you with a range of fair and ethical loans for whatever you need right now.

Credit Unions provide a wide variety of loans from a fast £500 to car loans and debt consolidation loans plus more.

They can also include the additional free benefit of Life Savings Protection, which can be a real financial comfort to your loved ones should you die.

More Credit Union options

Please note there are a further thirteen smaller more local based credit unions across North Lanarkshire and further details  of them can be accessed at Association of British Credit Unions Limited and Scottish League of Credit Unions.