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Greater Govan Credit Union Phone Number: 01414402770
We are a financial co-operative owned and managed by our members. Anyone wanting to use our services must join the GGCU Credit Union and therefore become a member. Our aim is to encourage saving, offer free financial advice to our members and promote sensible borrowing with low interest loans.
On becoming a member of Greater Govan Credit Union you are agreeing to save at regular intervals i.e. weekly, fortnightly, four weekly or monthly. You can save as little or as much as you like, your savings are called Shares and each share is worth £1. All our member’s savings are pooled together in the one big pot and from this we provide Low Cost Loans to members, who pay back into the pot to allow other members to borrow, and so on. GGCU is a Not For Profit Organisation which means that any money left, after all the running costs are met, is paid back to the members in the form of a Dividend. A dividend would be expressed as a % of your Shares and would normally be declared by the Board of Directors on the advice of the independent accountant who must annually audit the accounts of the credit union.
Who runs the Credit Union? You do.
The Credit Union is run by a voluntary board of directors, who have been elected by the membership and trained in all aspects of the credit union. The board have appointed 6 full time and 2 part time staff to ensure the smooth running of the credit union on a daily basis.
15 Burleigh Street, Govan Cross,
Glasgow, G51 3LA