Credit unions want to do more to help their members
Credit unions are a membership-based co-operative movement. Our mission is to deliver on the social dividend which the Government says is at the core of its economic policy. In practice, that means 352 credit unions, with in excess of 3m members in every community in the country are prudently, compassionately, and accessibly making credit available to people who otherwise could not access it, or instead chose credit unions as their go-to community financial resource.
Families, small businesses, and people of modest means could not function without credit unions. We are an ambitious, developmental movement with big plans to enable us play a much greater role in delivering affordable finance for housing and small business through modern payments technology. We are deeply engaged with government through the Department of Social Protection in developing a new model for micro-finance that will enable credit unions deliver effectively in the future, as we once did in the past, on the pressing needs of those looking for small loans of less than €1,000. We are single-mindedly focused on what we can do if allowed to do so.
