Any person over the age of 16 is eligible to join our cooperative institution in Cumbernauld and pay into savings accounts, although preferential rate loans are only granted to members aged 18 years and above. Members save on a regular basis for at least 13 weeks and then become eligible to apply for their first loan. Preferential rate loans are at 1% per month on a reducing balance basis. The Credit Union pays life insurance on the loans at no extra cost to the members. Our savings accounts are available for all and our Junior Savers account - from birth to 16 years - can be enrolled by parents and grand parents.
There are benefits to being a member of a cooperative institution which are dividends paid on shares, insurance protection, family funeral plans and of course a central location in Cumbernauld. Our Credit Union can be work or community based and is regulated by the Financial Services Act, the same authority that controls banks and building societies. Cumbernauld Central CU.
Our central buying teams work closely with leading manufacturers, so that we can offer our customers the latest product innovations and the best range of market leading brands at competitive prices. We are committed to providing our customers with an outstanding programme of promotions which are run throughout the year.
With the five Regional Distribution Centres, PTS are able to offer an unrivalled local level of service backed up by a national support network. At local level, our branches can provide a fast and efficient delivery service either direct to the site where the equipment is to be installed or to your own business premises.
Excellent customer service is at the heart of our Company's culture. With an extensive network of branches from Inverness to Helston, PTS are ideally placed to meet the needs of our customers.
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