A Credit Union for the Rural Community

Share on facebook
Facebook
Share on email
Email
Share on twitter
Twitter
Share on linkedin
LinkedIn

The Scottish Agricultural Organisation Society (SAOS) is working with  stakeholders, including Alexander Sloan, to look at the feasibility of setting up a Credit Union for the farming and rural communities in Scotland.

While a number of Credit Unions cover rural communities there are none at present specifically for the rural and farming community as a whole in Scotland. In other countries, like Canada, farming Credit Unions are a major source of finance for the farming sector. With the number of rural bank branches diminishing there is an increasing need for a similar option in this country.

A survey is currently being run to gather the views and opinions of the rural community on a new Credit Union through the following website http://www.abdn.ac.uk/saos/stakeholders.