Scotwest Newsletter - December 2024

Your monthly Scotwest Credit Union newsletter for the team at East Dunbartonshire Council – Please share this with your colleagues.

This newsletter can be supplied in different format, to request this please contact scraig@scotwest.co.uk

Whether you are looking for a fair loan to help with this festive season, or to get saving for next year, read on to find out how Scotwest can help make your festive season picture perfect!

Need some help now?

Scotwest is free to join and if you are joining Scotwest to borrow from us for the festive period, the quickest and easiest way to apply is online – simply fill in our Online Membership Form, letting us know how much you would like to borrow and we’ll do the rest.

If you are already a Scotwest Member you can apply for a loan any time using online banking. If you are not registered for online banking you can give us a call on 0141 227 2390 between 8.30am-5pm Monday to Thursday and 8.30am – 3.45pm on Fridays.

Get Organised for Next Year

Last year 4,520 Scotwest Members saved over £3.9 million through the Christmas Savings Account, why not get organised for next year?

With our Christmas Savings Account you spread the cost of the festive season throughout the year by setting up regular savings via Direct Debit or through your payroll. Your savings will be paid out in November in time for Christmas shopping, festive treats and fun nights out.

If you are an existing Scotwest Member you can open an account via online banking or give us a call on 0141 227 2390.

If you are new to Scotwest, you can join Scotwest online any time here and select Christmas Savings Account from our list of savings accounts to open.

Scotwest CEO Welcomes the Chancellor’s commitment to strengthening the mutual sector.

At her first Mansionhouse speech on Thursday 14 November the Chancellor of the Exchequer announced a raft of measures aimed at improving the UK financial sector including a pledge to double the size of the mutual economy.

Scotwest CEO Frances McCann said “I welcome the Chancellor’s commitment in her Mansion House speech to strengthen the mutual sector through targeted measures that will help credit unions better serve their communities.

Credit unions play a vital role in providing affordable financial services and promoting financial inclusion. As member-owned institutions, we reinvest our profit to benefit our members directly through competitive rates, improved services, and community initiatives.

The government’s pledge to double the size of the mutual economy will enable credit unions like Scotwest to expand our reach and support more families with ethical, accessible financial solutions.”

Scotwest Credit Union will be closed on the following days over the festive period:

• Tuesday 24 December from 12.30pm
• Wednesday 25 December
• Thursday 26 December
• Tuesday 31 December from 12.30pm
• Wednesday 1 January
• Thursday 2 January.

Members looking to make a withdrawal or apply for a loan during this period, should ensure their application us lodged with us in plenty of time.

Congratulations to all the winners in the November Scotwest Lottery Draw! Especially our winner Mr L Hynes who took away the £4,000 jackpot.

The November draw winners in full:

The Scotwest Lottery is exclusive to Scotwest members, and now pays out £8,900 in prizes every month with one lucky winner awarded a top prize of £4,000.

Entries cost just £1each and up to 15 entries per month can be taken.

It’s easy to take part as payment for lottery entries are deducted from the savings in your Scotwest Saver Account prior to each monthly draw.

To find out more and join the Scotwest Lottery now, visit the Scotwest website.

*Winners can request that their win is not publicised.