Over the last decade, Glasgow City Council has undertaken an innovative and ambitious programme to develop credit unions as a professional and credible solution for citizens blighted by financial exclusion, poverty and debt. A key objective of this support, has been to encourage efficient and effective working methods, and to drive up the capacity and professionalism of credit unions towards self-sufficiency. This has resulted in a major expansion of credit union membership across the city.
Glasgow now has the largest credit union membership of any city in the UK. From a membership of 3% in 2001, membership has grown significantly to 22% in 2010. This equates to over 135,000 members across 34 credit unions, with a financial asset portfolio in excess of £183m. Central to the programme’s success has been to empower credit unions to lead on development activities, in tandem with a phased withdrawal of Council support.
Download the application form: SSC 12 Credit Union Development Programme