Why join Clackmannanshire Credit Union?
Clackmannanshire Credit Union is a member-owned organisation. It is run by a Board of Directors elected by the Membership at the Annual General Meeting. Each adult member has one vote irrespective of the size of their share balance. Any surplus earned by the Credit Union is returned to the membership via a dividend and/or used to improve services.
Who can join?
Anyone who lives or works in Clackmannanshire, the city of Stirling or Kincardine ( on-Forth) is eligible to join. If you are 16 years or older then you can be an adult member. Junior membership is available for anyone under 16 years of age and the account must be opened and operated by the Parent/Guardian.
Corporate membership is also available for groups/charities/societies/etc that operate within our area. We require two signatories to open the account and each must provide evidence of their identity and address. We also require evidence that the group operate within Clackmannanshire, Stirling or Kincardine. Corporate members are entitled to nominate one person to attend and vote at the Annual General Meeting (AGM).
What is expected of me?
Clackmannanshire Credit Union is primarily a savings organisation and we ask all members to commit to saving regularly. Even £1 per week is sufficient to start a savings habit and savings are the life-blood of the Credit Union. An adult member must keep a minimum of £5 in their share account. If the share balance falls below this, the account must be closed. A junior member must keep a minimum of £1 in their share account.
What do I need to join?
If you LIVE in our area:-
Two forms of identification are required and joint applicants must produce two documents* for each applicant. One piece of evidence is needed to prove identity e.g passport, photo driving licence, signed bank/credit card, etc. A separate document* is needed to verify the address of each applicant and this document must be dated within three months of the date of application e.g. Utility bill, phone bill (but not a mobile-phone bill), Council tax letter, etc.
If you WORK but do not live in our area:-
In addition to the documents detailed above, a third document is required to prove that you work within our area.
N.B. *Original documents only – Photocopies of documents are NOT acceptable.
There is a joining fee of £2 for adult members – there is no joining fee for Junior membership.
How safe are savings with Clackmannanshire Credit Union?
Your money is absolutely safe with Clackmannanshire Credit Union. All deposits with the Credit Union are backed by the FSCS up to £85,000 for each account holder. Joint account holders have a guarantee of £85,000 each.
We are authorised by the Prudential Regulation Authority(PRA) and are regulated by the PRA and the Financial Conduct Authority(FCA) and must make regular returns to them to verify our financial health.
Where can I get an application form?
Forms can be downloaded and then printed. You may also obtain application forms in person at our offices at
8 Bank Street, Alloa, FK10 1HP.
Completed forms should be returned to our office along with necessary documents and the minimum sum needed:-
i.e. £7 for adults and corporate members, £1 for juniors.
Many members find it convenient to save with the Credit Union via a regular standing order from your bank account. To set up a standing order download and fill out the form below, and give it to your bank. If you have internet banking you can set up the standing order yourself but please make sure that you put your credit union account number as the payment reference. We need this number in order to make sure that your money is credited to your account.