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New area offices for PKCU

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17 Nov 16

Perth and Kinross Credit Union (PKCU) has opened two new area offices in Auchterarder and Letham.

The Auchterarder area office opened for the first time on 16 November and will now operate from the Church Centre on High Street from 11am to 1pm every Wednesday.

The Letham area office will operate from Letham Hub on Tweedsmuir Road in Perth from 10am to 12 noon every Thursday, and opened for the first time on 17 November.

Chair of Perth and Kinross Credit Union Euan Walker said: “We are delighted to be able to open two new area offices, making the credit union even more accessible. One of our chief aims is to make ethical finance and low cost loans available to people who may not have the means or ability to travel, or who may live in areas without mainstream banking services near by.

“The credit union encourages people to build up savings and offers affordable loans as an alternative to payday lenders or ‘rent to buy’ schemes. I’d like to say a big thank you to our welcoming and professional volunteers who will run the area offices – do pop in for a chat to find out more about our work!’

PKCU opened in April 2014, and two and a half years later, the credit union now boasts over 1,000 members. Membership of PKCU is open to anyone who lives or works in the Perth and Kinross local authority area, and last year the credit union made 700 loans to local residents.

Perth & Kinross Council’s Housing and Health Convener Councillor Dave Doogan, said: “Perth and Kinross Credit Union has gone from strength-to-strength since it opened in 2014. It’s fantastic news for people in Letham and Auchterarder that it is now planning to offer its services in these communities.

“PKCU enables local people at every income level to save and access loans, repayable at a much more affordable interest rate than those of payday lenders. Saving in a credit union is an especially positive step to take, as in so doing savers know that they are investing in sustaining our communities and helping to drive improvements in people’s lives. I would encourage the people of Letham and Auchterarder to make good use of this new service.”

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