Anyone who lives or works in the district of West Dunbartonshire, known in Credit Union terms as the common bond.

 

 

A common bond is link all members have in common, such as living or working in a certain district or place.

 

 

The Credit Union is owned by all members.  At the AGM the membership elect the Board of Directors who then set the policies and procedures by which the Credit Union operate.

 

 

Members have the right to make application at any time, provided all membership criteria have been met.  All applications shall be monitored and assessed on the ability to repay and will be considered by a loan officer or the Credit Committee.

 

 

With a loan from your credit union there are no hidden costs.   APR is 12.68% calculated at 1% per month on the reducing balance, there is no penalty for repaying your loan early.