East Kilbride Credit Union celebrating 40 successful years

dailyrecord.co.uk:

If you remember Culture Club's Do You Really Want to Hurt Me then you were around when East Kilbride Credit Union was born 40 years ago this month.

And directors and staff will be celebrating their success over the next few weeks with special member events online and in the office.Visitors will be able to enjoy cake and alcohol-free bubbles if they pop into the Brouster Hill office between October 12 and 14.The Lanarkshire Live app is available to download now.

Get all the news from your area – as well as features, entertainment, sport and the latest on Lanarkshire’s recovery from the coronavirus pandemic – straight to your fingertips, 24/7.The free download features the latest breaking news and exclusive stories, and allows you to customise your page to the sections that matter most to you.Head to the App Store and never miss a beat in Lanarkshire - iOS - Android What started all those years ago with a collection of £280 from the founder members has now grown into a business with assets of over £13m and £2.6m currently being out on loan to borrowers.East Kilbride Credit Union is the local, community-based financial organisation where members save together and have access to affordable credit.It is owned and controlled by its members and elects its board of directors from its membership.Hilary Bannerman, chairwoman of the Credit Union, told Lanarkshire Live: "The last forty years have seen huge changes in the credit union."What used to be a largely paper-based organisation collecting funds in church halls and libraries is now a modern business regulated by the PRA and the FCA and looks after £11m of member savings."General manager John Lange told us: "These days when people are facing the increased cost of living