Corporate Members FAQ

Can any organisation join Capital Credit Union as a corporate member?
A Body Corporate, Partnership or a Governing Body or Unincorporated Association based within Edinburgh, the Lothians, Scottish Borders, Falkirk, Clackmannanshire, Fife and Angus (excluding DD1) can apply for corporate membership of Capital Credit Union.

Please note that for a Partnership or unincorporated body, the individual who represents the organisation will become the member of Capital Credit Union as opposed to the organisation itself.

Can a corporate member vote at the Annual General Meeting?
As a member of Capital Credit Union, a corporate member would be entitled to one vote in the democratic proceedings of the credit union.

Are corporate savings covered by the Financial Services Compensation Scheme?
In some circumstances corporate savings would be covered up to the individual member limit of £85,000.  The cover is limited to individuals and ‘small companies’ however.  Further information can be found here

Are corporate savings covered by the credit union’s life savings insurance?
Life savings insurance is provided for individual members of Capital Credit Union only and does not cover Corporate Members.