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NHS Credit Union completes most successful three months in its 19 year history

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11 Aug 17

Glasgow-based NHS Credit Union has issued more than £3million in loans to around 2600 members between May and August 2017.

In the same period, 639 more NHS staff joined the credit union, taking total membership to more than 16,500.

14 full-time staff provide a wide range of financial services to NHS employees and their family members across the whole of Scotland and the North of England.

At the start of this financial year, the NHS Credit Union had issued loans totalling more than £66million - and member savings were almost £17m.

Commenting on the record figures, which saw loans totalling £3,038,795 issued to 2665 members, Chief Executive Officer Robert Kelly said: “It’s a source of great pride – and a testament to the superb efforts of all our staff – that we managed to give financial assistance totalling more than £1m to our members in both May and June. But what is even better is to hear the individual stories behind these loans.

“For example, the loan that took us through the £1m mark in May helped a member prepare a special celebration for her mum’s 70th birthday. We also helped members create their dream wedding; sent some off on the holiday of a lifetime and kept some out of the spiralling misery of high-cost loans.

 “We look on ourselves as a financial family – and are delighted to have been able to help so many customers out in this way.”

 

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