Christmas Savings Club

How it Works

Why Choose Thistle Credit Union?

Part Owner with Full Control

Your voice matters and as a part owner, have a say in how we operate.

Easy deposits with standing order, card payment and direct debit.

Our member focused, affordable loans are designed with you in mind.

Enjoy peace of mind with an extra level of financial security for your loved ones.

Manage your Thistle Credit Union account on our free mobile banking app.

Your hard earned savings are protected under The FSCS.

Customer service that goes above and beyond, tailored to your needs.

Earn dividends on your savings whenever Thistle Credit Union turns a profit.

Join a community that values providing mutual aid and support to local people.

Financial Protection

At Thistle Credit Union we’re members of The Financial Services Compensation Scheme (FSCS), which automatically gives you savings protection for up to the value of £120,000. The FSCS is funded by the financial services industry and is free to consumers, meaning if your credit union goes out of business you will receive your money back within twenty one days (T&Cs apply).

Eligibility

To be eligible to join Thistle Credit Union you must meet all of the following:

** Please note that join acceptance is subject to terms and conditions. You are not eligible to borrow until you turn 18.

How to Join

Online

In App

Over The Phone

Required Documents

In order to process your application, we require a number of documents that will allow us to confirm your identity and assess your ability to afford the repayments.

Documents should be downloaded and emailed to staff@thistlecu.co.uk as a PDF file or paper copies handed into a branch. Please note that we cannot accept the original document.

Setting Up a Direct Debit

To begin your regular savings journey, you can set up an automatic direct debit payment to go straight into your Thistle Credit Union account.

You bank details are as follows:

** Please use your member number as a reference when making payments into your account to ensure we can allocate your savings to the correct account.

Your Credit Union in Your Pocket

Managing your Thistle Credit Union account has never been easier with our free mobile banking app. Join over 4,000 members across the West of Scotland managing their account wherever they are.

Let's Get Started

Join the growing movement revolutionising how we bank by setting up your Thistle Credit Union account today.

Frequently Asked Questions

How much can I borrow?

You can apply to borrow up to £15,000 however, we cannot guarantee that you will be awarded the full amount. We operate on a points based system in order to ensure fairness and that any loan taken out with us will not cause your financial situation to worsen. We assess all applications on a first come first served basis. 

Repayments are made through payroll deduction, standing order, paypoint, cash or direct debit. Unless otherwise agreed between us, the whole of each payroll deduction standing order, paypoint, cash or direct debit may be applied towards the repayment of the loan and the interest due on it.

You can manage your Thistle Credit Union account online, on our free mobile banking app, over the phone or in one of our six branches across the West of Scotland where our friendly and highly trained staff are more than happy to help.

We understand that life circumstances can change quickly. However, missed payments will have a negative impact on your credit score and your ability to borrow in the future. If you are struggling with repayments, please reach out to our team by phone or email. We are committed to doing what we can to support our members and find a sustainable way to continue to repay your loan without causing additional financial harm.

You must be a member of Thistle Credit Union and over the age of 18. We recommend that you build a habit of regular saving for at least eight weeks before applying for a loan, it is a credit union requirement that you hold at least £10.00 in your savings account before you are eligible for a loan.

If your loan application has been declined, we recommend continuing to consistently save for at least eight weeks before reapplying. If there is advice specific to your circumstances, our member services officers will inform you when they confirm your loan decision.

Once you have signed and submitted your final document showing you have agreed to the terms of the loan, you should receive the money the next working day.

We reserve the right to decline certain applications and if we do reject an application, this will be following an assessment of the application by our personal lending team. A loan refusal simply means that on this occasion we feel unable to offer the amount you have applied for. In some circumstances, we may offer a reduced amount.

Christmas Savings Club

Why Choose Thistle Credit Union?

Part Owner with Full Control

Your voice matters and as a part owner, have a say in how we operate.

Easy deposits with standing order, card payment and direct debit.

Our member focused, affordable loans are designed with you in mind.

Enjoy peace of mind with an extra level of financial security for your loved ones.

Manage your Thistle Credit Union account on our free mobile banking app.

Your hard earned savings are protected under The FSCS.

Customer service that goes above and beyond, tailored to your needs.

Earn dividends on your savings whenever Thistle Credit Union turns a profit.

Join a community that values providing mutual aid and support to local people.

Eligibility

To be eligible to open a junior account with Thistle Credit Union you must meet all of the following:

** Please note that join acceptance is subject to terms and conditions. Members must be over the age of 18 to borrow.

Financial Protection

At Thistle Credit Union we’re members of The Financial Services Compensation Scheme (FSCS), which automatically gives you savings protection for up to the value of £120,000. The FSCS is funded by the financial services industry and is free to consumers, meaning if your credit union goes out of business you will receive your money back within seven days (T&Cs apply).

How to Join

Required Documents

In order to process your application, we require a number of documents that will allow us to confirm your identity and assess your ability to afford the repayments.

Documents should be downloaded and emailed to staff@thistlecu.co.uk as a PDF file or paper copies handed into a branch. Please note that we cannot accept the original document.

Your Credit Union in Your Pocket

Managing your Thistle Credit Union account has never been easier with our free mobile app. Join over 4,000 members across the West of Scotland managing their account wherever they are.

Let's Get Started

Join the growing movement revolutionising the way we save and borrow by opening your Thistle Credit Union today.

Frequently Asked Questions

How much can I borrow?

You can apply to borrow up to £15,000 however, we cannot guarantee that you will be awarded the full amount. We operate on a points based system in order to ensure fairness and that any loan taken out with us will not cause your financial situation to worsen. We assess all applications on a first come first served basis. 

Repayments are made through payroll deduction, standing order, paypoint, cash or direct debit. Unless otherwise agreed between us, the whole of each payroll deduction standing order, paypoint, cash or direct debit may be applied towards the repayment of the loan and the interest due on it.

You can manage your Thistle Credit Union account online, on our free mobile banking app, over the phone or in one of our six branches across the West of Scotland where our friendly and highly trained staff are more than happy to help.

We understand that life circumstances can change quickly. However, missed payments will have a negative impact on your credit score and your ability to borrow in the future. If you are struggling with repayments, please reach out to our team by phone or email. We are committed to doing what we can to support our members and find a sustainable way to continue to repay your loan without causing additional financial harm.

You must be a member of Thistle Credit Union and over the age of 18. We recommend that you build a habit of regular saving for at least eight weeks before applying for a loan, it is a credit union requirement that you hold at least £10.00 in your savings account before you are eligible for a loan.

If your loan application has been declined, we recommend continuing to consistently save for at least eight weeks before reapplying. If there is advice specific to your circumstances, our member services officers will inform you when they confirm your loan decision.

Once you have signed and submitted your final document showing you have agreed to the terms of the loan, you should receive the money the next working day.

We reserve the right to decline certain applications and if we do reject an application, this will be following an assessment of the application by our personal lending team. A loan refusal simply means that on this occasion we feel unable to offer the amount you have applied for. In some circumstances, we may offer a reduced amount.