Credit Union News

The first edition of our new Junior newsletter can be downloaded by clicking on the link below.

Download Junior Newsletter May 2010 (170.9kb)

Click on the link below to download our latest newsletter

Download The Money Tree May 2010 (1780.8kb)

Febuary 2010

Congratulations to the following members:

1st Prize. £300 - 1086 

2nd Prize. £100 - 658

3rd Prize. £50 - 1375

3rd Prize. £50 - 1694

4th Prize. £25 - 1061

4th Prize. £25 - 1586

Please click on the link below to download our latest newsletter.

Download GCU Newsletter November 2009 (2727.7kb)

Grampian Credit Union Partnership

Grampian Credit Union is pleased to announce that it has teamed up with Good Cause Direct who is an authorised distributor for Utility Warehouse.

This link will allow for members of Grampian Credit Union to pay able to combine a large amount of their utility bills into one and at the same time, save up to £803 a year on annual utility bills.

This supplier guarantees to be cheaper than the “big” companies when it comes to gas, electricity and landline telephone bills and also offers to cover bills for mobiles and broadband.

This could be of benefit to everyone concerned because not only can you make large savings on your bills but also for every Grampian Credit Union member that switches to Utility Warehouse, we receive a £25 donation from Good Cause Direct.

If you are interested then you can call a Free phone number which is 0800 131 3000 and quote the reference number B95456 for more information.  

Please click on the link below to download our latest newsletter.

Download GCU Newsletter March 2009 (708.3kb)

March 09

Congratulations to the following members:

1st Prize. £300 - Clive Henderson 

2nd Prize. £100 - Glyn Bowen

3rd Prize. £50 - Sue Mitchell

3rd Prize. £50 - Ron Bird

4th Prize. £25 - Sally Robertson

4th Prize. £25 - Arlene Moir

Please note that share withdrawal requests for Christmas must reach the office no later than 17^th December. 

If you wish to withdraw funds for the festive period please contact the office as soon as possible.

Further to recent enquiries - we would like to confirm that Grampian Credit Union does not take referrals from credit brokers.

Credit brokers charge for making loan referrals - as much as £50 in some cases.

Instead, anyone who lives or works in the Grampian area ca join us and once a member can apply for loans from us. 

Applying for a loan does not guarantee it will be granted however.  As a responsible lender, loan decisions are based on ability to repay with income and expenditure assessed.

If you have any queries or would like any further information, please call us on 01224 626280

More than 170 million members in 97 countries belong to thousands of credit unions just like yours.

Through their loyalty and pride in ownership, members demonstrate the true cooperative spirit of the credit union movement. Join members worldwide in celebrating our accomplished history, our shared values, and our bright future on International Credit Union Day.

 Every day we strive to provide the products and services our members need to achieve their financial goals. On October 16, raise awareness about the great work that your credit union is doing and express appreciation to others.

To request membership applications, posters, newsletters or pocket guides please call the office or complete the short form in the “Help promote us section of the website”

Support the credit union movement!

 ABCUL Chief Executive Mark Lyonette:

 “As credit unions do not rely on borrowing from other banks or the international money markets and are not in the business of buying up the debts of other financial institutions they are well sheltered from the economic turmoil which is causing worry for so many people at the moment.  Credit unions use the savings of their members to make loans to other members and are very self contained institutions. 

 “Directors are volunteers who are elected from the membership of the credit union, by the membership of the credit union so only have the well being of the credit union and its members to consider – their decisions are not influenced by the demands of external shareholders or short term fluctuations in share prices.

 “The events of the last few weeks have given enormous weight to our belief that mutual and local financial services such as credit unions are the way forward in making sure that individuals and families have safe and secure financial services. 

 “Savings in credit unions are covered by the Financial Services Compensation Scheme in the same way as deposits held in banks and building societies are.  The extra compensation limits which have recently been announced are to be welcomed in helping people have peace of mind that their hard earned savings are protected. “

In light of the current credit crisis many of you may be worried about how safe your money is with us.

Grampian Credit Union would like to reassure all its members that their money is 100% safe.

Like other financial service providers each member’s savings are covered by the Financial Services Compensation Scheme up to the value of £50,000.

If you have any further queries feel free to contact the office.

Please click on the link below to download our latest newsletter.

Download GCU Newsletter August 2008 (2448.4kb)

July 08

Congratulations to the following members:

1st Prize. £300 - Teresa Hay

2nd Prize. £100 - Norma Verrall

3rd Prize. £50 - Christine Linton

3rd Prize. £50 - Dawn Falconer

4th Prize. £25 - Kathleen Rennie

4th Prize. £25 - Helen Moir

Congratulation to Sandra McNally, winner of our recent promotion to recommend the most new members between 1^st March and the 31^st April.

Due to Sandra’s outstanding efforts we have welcomed four new members to Grampian Credit Union.

Sandra who works for the NHS has been continually spreading the credit union message since joining in 2005.

On receiving the news that she had won Sandra was delighted especially as she had never won anything before.

Remember, although this promotion is over, members will still receive a £5 M&S voucher for each new member they recommend.

We would like to thank all our members for their recent efforts in promoting Grampian Credit Union.  The bigger we are the more we can do for our members.  Recommending Grampian Credit Union to friends, family and colleagues insures that we will continue to grow and better serve the people of Grampian.

 Keep up the good work!

May 08

Congratulations to the following members:

1st Prize. £300 - Alison Watt

2nd Prize. £100 - Graeme Goonan

3rd Prize. £50 - Elizabeth Wood 

3rd Prize. £50 - Susan Miles

4th Prize. £25 - Alasdair Mathieson

4th Prize. £25 - Scott Leith

APRIL 08

Congratulations to the following:

Gerald Munro - £300

Jean McMillan - £100

Angus Johnstone - £50

Sylvia Thomson - £50

Stella Sihlabela - £25

Gerry Harkins - £25

Grampian Credit Union are pleased to announce a new benefit for members.

Your new PayPoint cards will allow you to make additional payments into your credit union account wherever you see the yellow PayPoint sign (Convenience stores, Post Offices etc.).

 This new card provides an easy and convenient way to add to your savings or pay off part of your loan whenever you have additional funds available.

 Your PayPoint card and additional information will be posted out to you soon however if you have any queries feel free to contact the office.

March 08

Congratulations to the following members:

Tracie Wills - £300

Helen Munro - £100

Anne Singer - £50

Frank Horne - £50

Malcolm Hay - £25

Jill Copland - £25

February 2008

Congratulations to the following people:

1st Prize

Alistair McKechnie - £300

2nd Prize

Irene Reid - £100

3rd Prize

Carole McHugh - £50

Paul Humphreys - £50

4th Prize

Yvonne Tortolano - £25

James Bradley - £25 

January 08

Congratulations to the following members:

Tracy Duncan £300

Pat Craik £100

Elizabeth Tedcastle £50

Alison Rait £50

Graeme Goonan £25

Jean Edward £25

As you may have seen in the local press First minister Alex Salmond has added his support to the Credit Union movement by joining Grampian Credit Union as our 3000^th member.

Mr Salmond who has a background in financial services following his time at the Royal Bank of Scotland added that “Credit Unions play an important role in our communities and can be a growing force”.

We are delighted to have him join as are we with all new members.  It is great to see the continued awareness and support in what we do as we move forward in playing an increasingly important role in our community.

Also joining on the same day was one of our youngest members in 6 month old Erin Coutts highlighting the scope and diversity of the Credit Union as a service that can benefit everyone by providing fair, secure and affordable financial services to individuals and families across the Grampian region.

Congratulations to Katie Alexander who has won the 20 TV courtesy of Scottish Hydro-Electric.  The winner was announced at this years AGM on December 5th.

Remember, you can still benefit from our affinity scheme with Scottish Hydro-Electric with up to 20% OFF the price of electrical goods just for being a member of Grampian Credit Union.  Products on offer range from white goods to HD ready TV’s. 

Our newsletter, Money Tree, is available for interested Members:
Download Money Tree July 2006 (316.1kb)

Grampian Credit Union is looking for volunteers to assist with various duties from time to time.

Opportunities range from helping to promote the credit union to training with the credit committee. If you have skills with communication or figures, or would like to gain some experience in these areas, please give us a call.

It is a great chance to meet people and add skills to your CV, as well as helping your credit union to grow stronger and better for everyone.

Have you been left a little out of pocket at this time of year?

Grampian Credit Union now offers a safe place to save for next Xmas where members can keep money locked away until November 2008, separate from other savings. All savings are covered by the Financial Services Compensation Scheme, so in a similar situation to Farepak, money paid into Grampian Credit Union would be returned to members. It is also covered by free life protection.

Many of our existing and potential members lost money through the collapse of the Farepak Xmas hamper scheme. We want to give our members back their confidence in saving for the festive period and help them save towards the Xmas they deserve.

For more information or to open a Christmas Account call the office today. 

July 2007

• £300 - MEMBER 1116
• £100 - MEMBER 1380
• £75 - MEMBER 89
• £50 - MEMBER 2496
• £50 - MEMBER 1348
• £25 - MEMBER 1430
• £10 - MEMBER 383

June 2007

• £300 - MEMBER 924
• £100 - MEMBER 2415
• £75 - MEMBER 792
• £50 - MEMBER 538
• £50 - MEMBER 538
• £25 - MEMBER 884
• £25 - MEMBER 2317

May 2007

• £300 - MEMBER 1562
• £100 - MEMBER 443
• £75 - MEMBER 1865
• £50 - MEMBER 1404
• £50 - MEMBER 1204
• £25 - MEMBER 2506
• £25 - MEMBER 2172

Send us your news and views so that we can keep our news current and up-to-date. If you have any other queries or comments we would be delighted to hear from you at any time.