Dumbarton Credit Union

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Dumbarton Credit Union Limited, like all credit unions licenced by the Financial Services Authority (FSA), is growing rapidly and encourages all those who live or work in our common bond of G82 and G84 postcode areas to join and benefit from the services which they offer. Founded in 1990 by a small group of like minded activists, who wished to provide a positive alternative to high interest loan companies and loan sharks, the Credit Union has now become a focal point for good and ethical banking facilities within the town. The membership has grown from just 27 members in 1990 to currently over 2500 adult members and 400 junior account holders. Since 2007 the Credit Union has introduced saving facilities for pupils in a number of schools and hopes to include all schools within our common bond. Junior members who had accounts opened for them as toddlers and children have been able to transfer those same accounts to adult membership. Most have continued to save and as adults borrow from the credit union. One original junior member has recently been able to obtain a house mortgage through a sister credit union in Glasgow The services provided by Dumbarton Credit Union are varied and include savings, loans, free insurance and death benefits, Over the last 18 months these services have become available to internet users, with access available to all members. The website for the Credit Union is www.dumbartoncreditunion.org Brenda Pasquire the Manager of the Credit Union says “in...