How much financial support it has given to credit unions in each year since 2007, also broken down by the amount awarded to each union.

The Scottish Credit Union Assistance Fund provided small grants of up to £10,000 to 29 credit unions during the years 2006-07 and 2007-08. In addition, £800,000 was provided over the same period to the Service of General Economic Interest (SGEI) Fund. This allowed new or existing credit unions to carry out additional financial inclusion activities.
Between 2008 and 2010 the Scottish Government invested £12 million in the Third Sector Enterprise Fund. This included £250,000 specifically for credit unions. A total of 186 awards were made, which included 32 credit unions.
Organisation
Award
Local Authority Area
Grampian Credit Union
£66,704
Aberdeen
North East Credit Union
£60,000
Aberdeen
Cumnock and Doon Valley Credit Union
£70,300
East Ayrshire
Capital Credit Union
£69,000
Edinburgh
Craigmillar Credit Union
£25,000
Edinburgh
First University Credit Union
£25,000
Edinburgh
SCVO Credit Union
£19,308
Edinburgh
Kingdom Credit Union
£7,500
Fife
North East Fife Credit Union
£2,560
Fife
Baillieston Credit Union
£3,105
Glasgow
Drumchapel Credit Union
£20,100
Glasgow
Glasgow South Credit Union
£24,700
Glasgow
Glasgow West Credit Union
£18,990
Glasgow
Greater Govan Credit Union
£73,245
Glasgow
Greater Govan Credit Union
£100,000
Glasgow
Parkhead Credit Union
£25,000
Glasgow
Penilee Credit Union
£13,644
Glasgow
Pollok Credit Union
£53,675
Glasgow
Ruchill Credit Union
£8,899
Glasgow
Scottish Police Credit Union
£12,525
Glasgow
Scottish Transport Credit Union
£95,200
Glasgow
1st Alliance (Ayrshire) Credit Union
£49,025
North Ayrshire
Cumbernauld South Credit Union
£10,000
North Lanarkshire
Renfrewshire-wide Credit Union
£6,000
Renfrewshire
Renfrewshire-wide Credit Union
£57,000
Renfrewshire
Blantyre Credit Union
£68,500
South Lanarkshire
East Kilbride Credit Union
£20,650
South Lanarkshire
ML9 Credit Union
£22,000
South Lanarkshire
Scotcentral Credit Union
£79,803
Stirling
Dumbarton Credit Union
£10,000
West Dunbartonshire
Livingston Credit Union
£32,029
West Lothian
Western Isles Credit Union
£64,650
Western Isles

Two of Scotland’s largest credit unions, have recently received a £1,000,000 investment from the Scottish Investment Fund. This will enable greater co-operation between the two credit unions, through their newly created Credit Union Shared Services Co-operative. The investment, awarded to Scotwest Credit Union in the West of Scotland and Capital Credit Union based on the East coast, will facilitate the introduction of a new operating and account management system.