LOANS - ABILITY TO PAY
Please note that proof of income is required on ability to pay loan applications prior to consideration.
account details up to date?
changed your address, mobile number or email?
Have you verified
your beneficiary recently – If married since joining then unless confirmed your
beneficiary is void.
Are you interested in volunteering?
We urgently require volunteers to work from 4.45-7.30 on Thursday evenings and/or 9.00- 12.30 on Saturday mornings.
If you are interested please contact the office and ask at enquiries.
The dividend agreed at the Annual General Meeting on 12 December 2017 was 1.25%. This has now been added to all active adult and corporate accounts.
The interest on all active junior accounts is 3.00%.
Look at the new changes in the Loan Policy
The Board of Directors have approved a change in policy. The maximum balance now allowed in junior accounts is £7,500.00.
Helensburgh Collection Point
Helensburgh Collection Point now open. Inside offices of Argyll Voluntary Action, 14 Colquhoun Square. Open every Friday 11.00 am - 1.00 pm
WHEN TO PHONE FOR YOUR LOAN DECISION
The Credit Committee meets at 1.00 pm every Monday so please phone after 2:30 pm for your loan decision.
IMPORTANT INFORMATION: Compensation Arrangements
The Dumbarton Credit Union is covered by the Financial Services Compensation Scheme (FSCS).
The FSCS can pay compensation to depositors if a credit union is unable to meet its financial obligations. Most depositors – including most individuals and small businesses – are covered by the scheme.
In respect of deposits, an eligible depositor is entitled to claim up to £85,000.
For further information about the scheme (including the amounts covered and eligibility to claim) please ask at your local branch:
Refer to the FSCS website http://www.fscs.org.uk/ or call 0800 678 1100.
Share Withdrawal: IMPORTANT UPDATE
Share Withdrawal: Important Update
The Board of Directors has changed the policy on Share Withdrawals:
If your Share Balance is below your Loan Balance = NO Share Withdrawal allowed
If your Share Balance is equal to your Loan Balance = NO Share Withdrawal allowed
If you Share Balance is above your Loan Balance = only amount of Shares above Loan Balance allowed to be Withdrawn.
Next Board Meeting
The next meeting of the Board of Directors is Tuesday, 12 February 2019 at 7.15 pm in the office at 147 High Street Dumbarton
Dumbarton Credit Union Office opening hours:
Monday 9:30am to 1.00 pm
Tuesday 9:30am to 1.00 pm
Wednesday - Closed
Thursday 9:30am to 2:30pm & 3:30pm to 7:00pm
Friday 9:30am to 1.00 pm
Saturday 9:30am to 12:00pm
Sunday - Closed