Co-op Fortnight is an annual celebration of the cooperative movement, aiming to raise awareness about the importance of cooperatives, their impact on local communities, and their potential for fostering economic and social development.
It is the perfect time to celebrate the connection and shared values between two co-operatives that both proudly hail from Edinburgh, Scotmid and Capital Credit Union. Scotmid, an independent cooperative serving Scottish communities for over 160 years, focuses on sustainable practices and local sourcing.
Capital Credit Union, established in 1989, prioritises fair and affordable financial services, empowering individuals and communities in Edinburgh and the Lothians.
For over 20 years, Scotmid has been a proud member of Capital Credit Union. This longstanding partnership highlights the deep-rooted connection between these two Scottish organisations and the shared values that have fostered their successful cooperation.
Trudi Fisher is Scotmid’s Community Team Administrator – making a connection between the two organisations Trudi epitomises the positive outcomes resulting from their collaboration.
Trudi is a member of Capital Credit Union and uses their payroll saving scheme to build her own savings. She joined Capital Credit Union earlier this year to set aside funds for special occasions like Christmas and in case of emergency car repairs.
By saving directly from her salary, Trudi feels she is effortlessly contributing to her savings goals. She also appreciates that her savings are supporting another member organisation, reinforcing the cooperative values of mutual support and solidarity.
Trudi shares her experience: “I use the monthly payroll savings scheme from Capital Credit Union. It was really easy to set up. I downloaded their app, went through the instructions, and they did all the rest.
“Their Customer Service is great, and they get back to you straight away if you have any queries.”
Through this partnership, Scotmid colleagues gain access to a wide range of financial products and financial education resources. It strengthens their financial well-being, enables them to achieve personal financial goals, and builds a more secure future.
Abigail Ramage, Business Development Executive at Capital Credit Union, expressed her enthusiasm for the partnership: “The collaboration between Scotmid and Capital Credit Union is a testament to the power of cooperative values and shared goals.
“We are proud to have Scotmid as a longstanding member of our credit union, and, together, we have been able to make a significant impact in empowering individuals and building strong, resilient communities.”