Hoot members get a share of the profit!

12/05/2017

 

Hoot members have just received a collective dividend of almost £6,000 as their share of the credit union's success in the last financial year.

As a member-owned co-operative, Hoot is run for the benefit of the people who use its services - the members.

Also sharing in our success is the community. Our 'Community Dividend' last year was a saving to members of over £425,000 in loan interest by coming to the credit union rather than high-cost lenders.

That's money that stays in the community rather than adding to the profits of city shareholders benefiting the local economy.

You can read more about our success in our Annual Report available here.