Pollok CU History

A dedicated group of volunteers were trained for over a year in all aspects of Credit Union management and finally in November 1993, Pollok Credit Union was registered as a Credit Union under the Credit union Act 1979. We opened our first collection point at the Pollok Community Centre on November 8th 1993.

The common bond at the time covered all those who lived in the Pollok, Corkerhill and Crookston areas, roughly a population base of 12,000 residents. The Board of Directors who are volunteers, managed all aspects of the Credit Union from book-keeping, loan interviews, sending quarterly and annual returns to the Registry of Friendly Societies and also manning the collection points.

In 1999 we expanded our common bond to cover all those who either lived or worked in the Greater Pollok area. This included a population base of 38,000 residents and also those who were employed by the 246 firms in the Greater Pollok area. To date we have managed to secure the workforce of the largest employer in the area, Siemens, on payroll deductions and we are also able to offer members the facility to pay by standing order if they wish.

Also in 1999 we secured funding for two members of staff which helped enormously in developing the Credit Union and with the addition of collection points in Darnley, Arden and Kennishead our membership substantially increased. In 2002 we opened a new collection point within the Pollok Shopping Centre that has given the Credit Union a higher profile in the area.

We extended our common bond again in 2007 to include everyone who lives or works in the G postcode area, as such more people are offered the benefits of credit union membership.

In 2009 we moved into the Silverburn Shopping Centre as a joint venture with Pollok Post Office – local MPs and MSPs attended an opening ceremony. The partnership secured two vital services within the local community.

We have recently opened a new office in the North of Glasgow in Possil and are working to develop the service to assist the financial needs of the local community.

In 2016, we opened a new office in Maryhill with the support of Cube Housing Association. The office, based inside the Tesco Extra building on Maryhill Road, has been successful so far in helping those in the local area with their finances.

Later that year, we launched the Wee Glasgow Loan with the backing of Glasgow City Council, which provides Glasgow residents with a fair and affordable loan in contrast to payday lenders.

Pollok Credit Union have come a long way since 1993 but the aims and objectives remain the same. We strive to bring a service to our members that allows them to save regularly and to borrow at a low rate of interest while keeping to the basic principles of the worldwide credit union movement.

A note of thanks is due to the first officers of the Credit Union, who, through their vision, enthusiasm and commitment strived to bring the benefits of a credit union to the residents of the Greater Pollok area.