The first registered office was at an address where the treasurer Patricia Mac Donell lived but a collection point was arranged in a room at the Academy. Elections were held from the original members for the officers of the credit union
President Arthur McLauchlan Treasurer already mentioned, Secretary Patricia Muir and others to the credit and supervisory committees. The credit union has grown over the years and has employed staff to run the day to day business of the credit union. People
join from many walks of life and the credit union manages a number of payrolls. Junior accounts are encouraged from the birth of a child and the Directors have commitment to pay a 5% dividend to all our junior members. The credit union experienced a surge
a membership after it offered loans to those who lost cash when Farepak Hampers collapsed in 2006 and most of those have continued to save with the credit union. The credit union stipulates that all Christmas loans have to be cleared in a year because they
do not want people still to be paying for Christmas before the next one comes around. With the banking crisis in 2008, the Vale of Leven Credit Union did call on anyone with money problems to turn to them for financial help rather than seeking any other unscrupulous
sources of cash. You are never to old (or young) to become a member and start saving with Leven Credit Union.