Scotwest Newsletter - March 2025

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

Scotwest works with organisations and businesses around Scotland to offer our services through Payroll deduction for their staff.

This means, if you are employed by one of these Employer Partners you can become a member of Scotwest and make payments directly from your wages each payday for savings and loans. If you decide to become a member, your Scotwest deductions will show on your wage slip next to any pension or other
employee contributions.

Scotwest Saver Account.Every Member of Scotwest opens this savings account automatically upon joining.

Christmas Savings. Help spread the cost of the festive season throughout the year with our special savings account which will pay out into your chosen bank account every November.

Unsecured Loans. A loan from Scotwest could help with your borrowing needs for unsecured loans available from 6.5% representative APR. Whether you’re
planning the trip of a lifetime, doing a little DIY or celebrating a special occasion, Scotwest is here to support you. There are no fees and the interest rates that we advertise are the rates that you will be charged.

Fast £1000 Express Loan offers a guaranteed same day decision for up to £1000 to help with any unforeseen emergencies.

Car Loans. Our standard Car Loan is available at 7.5% rep APR. Our Green Car Loan for electric and hybrid vehicles is available at 6.5% rep APR.

Joining Scotwest is free but you must keep a £1 minimum balance in your Scotwest Saver Account at all times to remain a member.

To join Scotwest you can simply complete our online Membership Form here or call us on 0141 227 2390 between the hours of 8.30am-5pm Monday to Thursday or 8.30am-4pm on Fridays.

There are all kinds of reasons to borrow from your credit union - there good rates and fair terms of course, but did you know that the income generated from our loans helps pay dividends on all member savings?

Whether you’re dreaming of a new car, home upgrades, or tackling unexpected expenses, borrowing from us means you’re investing in yourself and every member.

What sets us apart? At Scotwest Credit Union, it’s all about the 'Scotwest Difference'—we’re a member-owned financial co-operative, not a bank. That means every member has a voice, with equal say in our direction through a
'one member, one vote' system. Our volunteer Board of Directors, elected by you, guides our strategy, ensuring we stay true to our mission of serving our members, not external shareholders. Unlike traditional financial institutions,
our profits stay within the membership, circulating to empower our community through savings, affordable loans, and financial education. It’s a unique approach that’s been making a real difference in the West of Scotland and
beyond!

Find out more about the credit union difference.

Scotwest Credit Union will be closed for the Easter Weekend on Friday 18 April – Monday 21 April.

We will re-open at 8.30am on Tuesday 22 April.

Members looking to make a savings withdrawal or apply for a loan during this period, should ensure their application us lodged with us before Thursday 17 April.

Congratulations to all the winners in the March Scotwest Lottery Draw! Especially our winner* who took away the £4,000 jackpot.

The March draw winners in full:

The Scotwest Lottery is exclusive to Scotwest members, and now pays out £9,500 in prizes every month with one lucky winner awarded a top prize of £4,000.

Entries cost just £1 each 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.