CHRISTMAS OPENING HOURS
SATURDAY, 23RD DECEMBER
AT 12.00 PM
THURSDAY, 28TH DECEMBER
SATURDAY, 30TH DECEMBER
AT 12.00 PM
THURSDAY 4TH JANUARY 2018
East Access Loans
Members and non-members can now apply for an Easy Access Loan of up to £500.00.
Interest rate 1.5% per month (19.6% APR).
Subject to terms and conditions
Annual General Meeting
The AGM will be held on Tuesday, 12 December 2017 at 7.30 pm in The Cutty Sark Centre, Bellsmyre, Dumbarton All members are welcome to attend.
The dividend agreed at the Annual General Meeting on 6 December 2016 was 1.5%. This has now been added to all active adult and corporate accounts.
The interest on all active junior accounts is 3.25%.
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If you Share Balance is above your Loan Balance = only amount of Shares above Loan Balance allowed to be Withdrawn.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, 9 January 2018 at 6.00 pm in the office at 147 High Street Dumbarton
Share Withdrawal: Saturday Service
PLEASE call if you would like to withdraw any of your shares on a Saturday morning.
The Dumbarton Credit Union is open from 9:30am to 12pm on Saturdays to take deposits and loan repayments.
We require a phone call at least the day before letting us know you wish to withdraw shares.
We issue cheques only, which can only be cashed at the Business Section of the bank of Scotland. Therefore they cannot be cashed on Saturdays as the Business Section is closed.
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