The cake was cut be the credit union’s oldest saver, William Macleod, who is 93 and also present were two of the youngest savers, Toby Ross-Jordan with his father Gary, and George Murray with his father Gordon (right)
Thousands of people are benefitting from the work of the credit union serving the Highlands and Islands, its tenth birthday party was told yesterday (Wednesday October 13).
The vice-chair of the HI-Scot Credit Union’s board of directors, Roddy Johnston, said it was “safe and wonderful place” for people to keep their money because it is owned by its own members “and it works for the members.” It has done “ten years of great work.”
At the Hi-Scot Credit Union head office in James Street, Stornoway, the tenth birthday commemorative cake was cut by the oldest saver with the union, William Macleod, who is 93.
Also present were two of the youngest savers, George Murray with his father Gordon and Toby Ross-Jordan with his parents Gary and Janet.
Since HI-Scot first opened its doors in October 2016, it has provided loan and savings products to its members. It now serves over 2,600 active members across the Highlands and Islands.
In its Western Isles base, HI-Scot is an established alternative to the mainstream banks. HI-Scot has enabled much of the local workforce to get around by approving over 500 loans for motor vehicles.
Across the wider Highlands and Islands, HI-Scot has processed loan applications worth over £8 million and taken deposits from members of over £11 million.
A significant investment has been made in the HI-Scot online presence which now sees members joining and transacting with the Credit Union from the comfort of their own homes. This improved accessibility and is expected to see significant growth in member numbers, particularly across the Highlands and the Orkney Islands.
Western Isles Credit Union is open to anyone who lives or works in the Highlands & Islands. For more information visit the HI-Scot website at www.hi-scot.com
Above is the commemorative cake provided by Karina's Cakes…with staff members Emma Cameron, left, and Karen Dawson, along with manager David Mackay, right, and the vice-chair of the board of directors, Roddy Johnston.