Benefits of a Credit Union
There are many benefits to Credit Unions. A Credit Union is an organisation set up by the people – for the people. It exists only to serve its members – not to profit from their needs.
In Ireland over 3.3 million members have recognised the value and benefits of Credit Unions and have savings approaching €11.9 billion. There are over 9,200 active volunteers involved in the movement, and over 3,500 people are employed.
It has been shown throughout history that by working together people can achieve far more through co-operation than by individual effort. The success of the credit union movements worldwide is a clear illustration of this. Credit Unions have served their members well in Ireland, and as long as there are active members, they will continue to do so.