A credit union is a not-for-profit financial cooperative, set up and controlled by its members in order to benefit their community

A credit union is a not-for-profit financial cooperative, set up and controlled by its members in order to benefit their community

Credit Unions help their members take control of their finances by encouraging regular savings.

Credit unions work by members saving in to a common fund. That fund is then used to give short-term loans to members should the need arise. Members are strongly encouraged to save as much and as often as circumstances allow.

In order to join any credit union, you must have something in common with its members – for example, a common locality or workplace. At Highland Communities Credit Union, that common factor is living or working in the Highland region.

Credit unions exist solely for the purpose of providing services for their members rather than making profits for third party shareholders.