Interpretation by Thomas Nevin

A credit union is a group of people who save together and lend to each other at a fair and reasonable rate of interest. Credit Unions offer members the chance to have control over their own finances by making their own savings work for them. Every credit union is owned by the members – the people who save and borrow with it – people like you.

When you become a member and start saving with your credit union you will have access to fair and reasonable rates on savings and loans. Your savings contribute to your credit union’s loan fund, which in turn are helping other members and the community in general.

A credit union exists only to serve its members – not to profit from their needs. Surplus income generated is returned to the members by way of a dividend and/or is directed to improve or provide additional services required by members.

Credit unions are non-sectarian and non -political, and continue that Irish tradition of co-operative self-help.