Scottish Universities Community Bank

With over 30 years of experience, we know a thing or two about looking after your money. First Scottish University Credit Union is a member-owned, not-for-profit financial co-operative that offers a smooth and straightforward way to save every month through payroll deduction for university staff members in Edinburgh. Need a little extra? We also offer fair and competitive loans that suit your needs and don’t cost the earth. Unlike traditional banks and high street lenders, our set interest rates mean you get the exact same deal as everyone else, no matter your credit score. First Scottish University Credit Union is designed to help you manage your money in a way that benefits you first and foremost. Our only shareholders are our members and every penny we receive is used to improve the products and services we provide – our goal is to encourage healthier financial habits that are guaranteed to safeguard your future. Established in 1990 to serve the employees of Heriot-Watt University, our Credit Union slowly expanded to include the four main universities in Edinburgh. After years of growth and success, we’re proud to say in 2019 that membership is now open to every Higher Education employee in Scotland, their graduates, their students and even our members’ families! First Scottish University Credit Union is entirely independent of the universities. We love that these institutions recognise the value we continue to offer their employees and support our initiative by providing free Payroll-Deduction – making it easier than ever for our members to save. First Scottish University Credit Union is a mutual association which encourages our members to save on a regular basis, as little or as much as they can. FSUCU is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority – FRN 213648.