Drumchapel Community Credit Union was founded in Febuary 1970 and was probably one of the first, if not the first, Credit Union in Scotland. The Credit Union is what is known as a financial cooperative. It has an established "common bond" from which its membership is drawn. Drumchapel Community Credit Unions common bond is defined as the G15 postcode area and, therefore open to anyone living in that locality.

These members save together, and, from the pool of money collected, re-lend that money back to the membership at a low rate of interest (APR 12.68%). In many areas Credit Unions give their members access to credit, that they would not be able to obtain from most other financial institutions or would have to pay a high price for.