When ordinary people of all walks of life come together to give each other mutual support in order to control their own economic destiny. They take an active part in keeping the money within their community where it benefits all those who contribute whether saving or borrowing. This creates something special which has benefited millions of people around the world and is known as the Credit Union.
Cupar Credit Union opened in 1999 thanks to a group of dedicated volunteers who knew the people of Cupar needed an alternative option to the high street banks. With support from Fife Council collection points were opened within the County Buildings of Cupar and an outreach point in Springfield church hall.
In 2004 the common bond was extended to cover the whole of the North East Fife and changed the name to reflect that. Collection points were opened in YMCA/YWCA Cupar, Town hall/ Library Anstruther, Guide hall Auchtermuchty and St Andrews (which sadly closed after 6 months due to lack of public interest).
There are plans to open other collection points in Newburgh, Tayport and hopefully other outreach areas if the support and volunteers become available. North East Fife is run solely by volunteers, some of whom are the elected Board of Management, who meet once a month to discuss all matters arising and to consider any plans for the future movement of the Credit Union. All Directors have an active role within the Credit Union.