About Pioneer Mutual Credit Union

Pioneer Mutual Credit Union is a not-for profit financial services co-operative run to benefit our members.

Forward thinking finance is at the heart of all Pioneer Mutual Credit Unions services, ensuring we provide affordable finance for everyone.  Members can save and borrow money at low rates of interest charged in a transparent, understandable manner.

Founded in 1993 Pioneer Mutual Credit Union, formerly East Renfrewshire Credit Union, has continued to grow from strength to strength, establishing ourselves as a vital service to local communities; which has built our reputation for providing quality, accessible, low cost financial services. 

Pioneer Mutual Credit Union is part of the Cornerstone Transformation project funded by the Department of Work and Pensions, which is an exciting opportunity and will involve significant change to the products the Credit Union offer; including an online platform and instant loans. 

How we protect your money

Just like your high street banks and building societies, the money you deposit into your credit union account, up to £85,000, is protected under the Financial Services Compensation Scheme (FSCS). If you have a joint account you will be protected for £85,000 each.

FSCS protection is free to customers, so if anything happens to your bank, building society or credit union, and you cannot access your money, the FSCS will refund you up to the amount of £85,000.

For more information on how we protect your money please click here.