Nearly 1,000 health service workers have given their family finances a £1million Christmas treat – thanks to the NHS Credit Union.

Figures just released reveal that loans issued by the country’s fastest-growing credit union during November smashed through the million pound barrier for the first time in the organisation’s 17-year history.

The month saw 924 loans issued to credit union members, with a total value of £1,005,261.58. That figure represented an increase of more than £250,000 on the previous monthly record which was achieved in July 2015, when loans broke through the £750,000 mark for the first time.

And the records just keep falling for the credit union, which now offers financial services to more than 13,000 NHS staff and their families across Scotland and the North of England. During October, 360 new members signed up – the highest total for any month since the credit union started out in November 1998 in the nurses’ quarters of Glasgow’s Southern General Hospital.

Credit union chief executive officer, Robert Kelly, described the loan record as “another sign of our fantastic progress as a business”.

He added: “It’s very encouraging to know that more and more health staff are trusting us to provide them with financial services.

“The last financial year has been the most successful in our history, and I look forward to that growth continuing in the years to come. The range of services we offer will be transformed over the next 12 months as we introduce a new banking platform for our membership.

“Apart from the continued improvement in our products, the other key ingredient of our success has been our staff. They have worked incredibly hard over the last year to make sure our members are provided with a service that few other organisations can match.”

For more information on the NHS Credit Union call 0141-445-0022 or visit:

www.nhscreditunion.com/lanarkshire