Your Local Credit Union
A Credit Union is a profit sharing, democratically run financial co-operative which offers convenient savings and low interest loans to its members. The members own and manage their credit union themselves.
Credit Unions are now well established all over the world, they started in Germany 150 years ago and spread throughout Europe, to North America, Canada, Asia and to Ireland. In fact one third of the adults in Ireland are members of a credit union and they prefer to save within their local Credit Union rather than within a bank..
Credit unions are steadily increasing throughout the UK both in communities and the work place. ( e.g. Police Force, British Airways, Fire Service, local authority employees etc).
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