Business Details
37 Years
experience
Your Trusted Financial Partner in Glasgow
Scottish Police Credit Union has been dedicated to supporting the financial wellbeing of Scotland's law enforcement community since 1989. As a member-owned cooperative, we prioritise the needs of police officers, staff, and their families by offering secure savings solutions, competitive loans, and tailored financial services. Our team operates with a deep understanding of the unique challenges faced by the police family, providing ethical financial support through products like Payment Waiver Cover and Loan Protection at no extra cost.With over three decades of experience, we combine financial expertise with a commitment to community, ensuring members benefit from dividends, FSCS protection up to 85,000, and 24/7 digital access to accounts. Our governance by a democratically elected board of police professionals reinforces our authority as a trusted financial partner, while our partnership with Citizens Advice Bureau demonstrates our dedication to comprehensive member support.
Services
Savings Accounts
Personal Loans
Debt Consolidation
Christmas Saver
Loan Protection
Details
- Year established: 1989
Highlights and features
- We've served the police community since 1989 with specialist financial expertise
- Our loan products include free Payment Waiver Cover and Loan Protection
- 24/7 online access to accounts and instant messaging with our team
- We operate with full transparency and no hidden fees
- Our board comprises experienced police professionals and retired officers
Associations and certifications
- Financial Services Compensation Scheme (FSCS)
Services
Savings Accounts
We offer multiple savings options including Membership Accounts, Family Membership, KidzPlus, SuperSaver, and Christmas Saver accounts. All savings are protected by FSCS up to 85,000 with potential annual dividends. Members can access accounts 24/7 through digital platforms while benefiting from life savings cover at no extra cost.
Personal Loans
Our loan products range from 350 to 25,000 with guaranteed APR rates from 0% to 12.7%. Available options include Standard Loans, Home Improvement Loans, and Motor Loans. All approved loans include free Loan Protection Cover and Payment Waiver benefits for added security during illness or hardship.
Debt Consolidation
We provide Debt Consolidation Loans up to 25,000 at 7.1% APR to help members manage multiple debts. This service simplifies repayments while offering built-in protections including Payment Waiver Cover. Our team works with members to create sustainable repayment plans that improve long-term financial wellbeing.
Community Support
Through The Scottish Police Credit Union Foundation, we offer funding up to 3,000 for community projects. This initiative supports local police-related causes and charitable activities, reinforcing our commitment to the broader police family and their community impact.
Financial Education
We provide comprehensive financial wellbeing resources including budgeting tools, debt management guidance, and partnership access to Citizens Advice Bureau. Our educational materials help members develop healthy financial habits and navigate challenging economic situations with expert support.
People
George Nedley
Chief Executive
With extensive experience in financial services, George leads our team with a commitment to ethical banking. He ensures our operations maintain member focus while driving organisational growth through strategic leadership and community engagement.
Robert Kennedy
Chair
A retired police officer with 25 years' service, Robert brings valuable sector insight to our governance. His leadership ensures our policies align with the needs of the police community while maintaining financial stability.
Questions
Who qualifies for membership?
Current and retired police officers, staff from Police Scotland, BTP, and associated agencies based at Scottish Crime Campus. Immediate family members of eligible members can also join.
What loan protections are included?
All loans include free Loan Protection Cover up to age 75 and Payment Waiver Cover for illness-related payment difficulties, with no additional charges to members.
How can I access my account?
24/7 online access through our website or mobile app, with options for secure messaging, loan applications, and savings management from any location.
What savings protection do you offer?
All savings are protected by the Financial Services Compensation Scheme up to £85,000, with Life Savings Cover included at no extra cost for members aged 16-65.
Do you offer financial advice?
Yes, through our partnership with Citizens Advice Bureau, we provide free, confidential financial guidance including debt management and benefit maximisation support.
What special loan products exist?
We offer unique products like Pension Remedy Loans for pension shortfall support, Green Loans for eco-friendly improvements, and Budget Booster for flexible credit access.
