The Haghill Dennistoun Credit Union was founded in 1992. It is run by volunteers who form the comittee, office volunteers and staff. The Board of Directors meet monthly.
The credit union has assets of over 2.5 million pounds. A level of cash liquidity that far exceeds any requirement of the Financial Conduct Authority. All funds invested in Haghill Dennistoun Credit Union are covered by the FSCS and in the unlikely event of the collapse of HDCU, all members would receive compensation up to £85,000 pounds.
When the credit union was founded all the founders wanted to create a friendly atmosphere for all our members, we personally know every one of them. This credit union has repaid the loyalty of our members by consistently paying out a higher dividend than most banks.