Credit Union boardis unveiled

Saversare banking cashwith scheme

East Kilbride savers can boost their bank balance thanks to a scheme from HMRC.

Around 12,000 people in Scotland have signed up to the government’s Help to Save saving scheme – depositing more than £3.7 million.

Help to Save offers working people on low incomes a 50 per cent bonus, rewarding savers with 50p for every £1 saved.

Over four years, a maximum bonus of £1200 is available on savings of up to £2400.

John Glen, Economic Secretary to the Treasury said: “Putting aside some money every month, even only a small amount, can make the world of difference and with Help to Save, we’ll help you make that money go even further.”

Help to Save is available to working people on tax credits, or Universal Credit with a minimum earned income equivalent to 16 hours per week at the National Living Wage in their last assessment period.

For more go to www.gov. uk/helptosave or use the HMRC app.

The new Board of East Kilbride Credit Union (EKCU) has been announced for the coming year.

It is an ethical financial co-operative owned and run by its members who save together and have access to affordable credit.

Anyone who lives or works in South Lanarkshire, North Lanarkshire, Renfrewshire or East Renfrewshire is welcome to join.

Press secretary, Councillor Archie Buchanan, said: “No financial organisation in the town is better for our residents than EKCU and we would encourage people to visit our website or pop into our office adjacent to the Fire Station to see what we have to offer.”