Right Way Credit Union is saddened to acknowledge the news today that Pioneer Mutual Credit Union, based in Barrhead, has this week entered administration.
Right Way Credit Union is in no way affiliated with Pioneer Mutual Credit Union.
We are a separate organisation.Â
Right Way Credit Union is a robust and thriving credit union and while we understand this may be concerning to our members, we would reiterate that YOUR credit union is financially stable and well run.
There are exciting developments on the horizon for Right Way Credit Union and we can’t wait to share these with YOU, our membership.
As always, we would like to invite you to review the annual statement of account for 2020 at our upcoming AGM.
The AGM will be held mid-April and we are looking forward to welcoming you all then, details will follow.
We would also remind members that ALL credit unions are protected under the Financial Services Compensation Scheme (FSCS) where savings up to £85,000 are protected.
For more information, please visit the Financial Services Compensation Scheme website by clicking here
