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Routing Number: 213576

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St Machar Credit Union Phone Number: 01224 524935

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A credit union is a savings and loans co-operative run for and by its members. St Machar Credit Union operates within a specific area of Aberdeen City – (If you live or if your employers is based within the following areas you will be able to use the credit unions services, these areas include Seaton, Tillydrone, Woodside, Middlefield, Hilton, Heathryfold, Linksfield, George Street, Froghall, Powis, Sunnybank, Old Aberdeen)

Credit Unions operate under the same regulations as other financial deposit takers. They are regulated by the Financial Services Authority (FSA) and participate in the Financial Services Compensation Scheme (FSCS) and the Financial Ombudsman Service.

St Machar Credit Union was started by local residents of Woodside and Seaton who were fed up with high interest door step lenders charging high interest rates for small loans and because they were not offered basic banking services because of their low incomes.

In 1986 a steering group came together and started the lengthy process of starting a credit union, which would be the first in Grampian. In November 1990 the credit union opened at its main office in 22B Sandilands Drive, Woodside Aberdeen

In 2002 because of demand from residents in the Middlefield area the credit union widenend its operating area to take in the Middlefield area.

In 2006 working in partnership with Langstane Housing Association the credit union widened its operating area to take in George Street – and also payroll deduction for Langstane Housing Association Employees

In 2009 due to members suggestion/requests and with help from local councillors the credit union started to offer Aberdeen City Council payroll deduction. SHMU (Station House Media Unit) employees requested this service and this was started in 2009

In November 2009 the credit union became recognised by the Department of Work and Pensions / HMRC as an authorised credit union able to accept benefits to pay into the credit union

The credit union also moved premises from 22B Sandilands Drive to the new build at the Woodside Fountain Centre, two streets away but the first time the credit union changed its registered office since the credit union opened


Woodside Fountain Centre
Marquis Road
Woodside, Aberdeen
AB24 2QY

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