Over the last year, many of us have managed to save more than we normally would. Whatever you decide to do with the extra cash a good place to start is to ensure it’s kept somewhere safe.

If you are looking to manage your money better, Sovereign Credit Union could be the perfect place to start.

Providing services for people living or employed in Ayrshire, Arran, Dumfries & Galloway, Sovereign Credit Union opened in 2002 under the name Cumnock & Doon Valley Credit Union.

Cumnock Chronicle:

In 2012 it changed its name to Sovereign Credit Union and extended the area that it serves.

The services provided by SCU are: ordinary savings accounts, loans linked to the ordinary savings account, Christmas savings accounts, junior savings accounts and Vox Money account.

Credit unions are not-for-profit financial co-operatives owned and controlled by the members, managed by local people for local people, with a strong volunteer involvement.

Cumnock Chronicle:

Sovereign Credit Union aims to help you take control of your money by enabling you to save what you can and borrow what you can afford. Their accounts are straightforward, and the rates are clear – they don’t change after application and the interest rate on credit union loans is capped by law.

Becoming a member means becoming part of a community-based mutual organisation which exists for the benefit of its members.

Sovereign Credit Union is based at 11 The Square, Cumnock and their team can be contacted on 012904 20044.


This article is brought to you in association with Sovereign Credit Union.