It was established by local priest Father Jamieson and minister Reverend Iain Fraser to help families who had lost their livelihoods when the shipyards closed. The Study group began in 1982 took sometime till it became established in 1985 as Greenock
East Credit Union initially operated from locations such as community halls and schools on various housing schemes in an area of high unemployment. In 1999, they moved to premises close to Greenock town centre and becoming one of the first credit unions in
Scotland to buy premises outright. With the move came a new name., it became ‘Tail o’ the Bank Credit and had gone from strength to strength acquiring around 50 new members a month, amalgamating with another credit union. its common bond expanded
to take in the entire local authority area with the Larkfield, Branchton and Braeside Credit Union joining forces. Tail o' the Bank CU premises were ideally situated, right next to the bus terminal, so everyone could see the shop front as the first port of
call. The common Bond is for people residing in the boundaries of the South side of the River Clyde, East side of Bank Street, William Street, Wellington Street, Mearns Street, Drumfrocher Road, South side of Kilmun Terrace. South side of Renton Road including
Riverdene Estate. The east side of the Gibbshill feeder Road to Pottery Street and the River Clyde.Now in 2016 membership has grown to over 8000 and that includes young members for the future.
No website 24 Kilblain St, Greenock, Renfrewshire, PA15
Phone 01475734655 E-Mail firstname.lastname@example.org