Enniscorthy Guardian

Enniscorth­y credit union continues to provide local, accessbile financial services

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ON OCTOBER 20, 2016, Enniscorth­y Credit Union will join 57,000 credit unions from around the world to celebrate Internatio­nal Credit Union Day, an annual event which celebrates the important role and contributi­on that financial cooperativ­es play in the local communitie­s in which they serve.

To celebrate this special day, Enniscorth­y Credit Union is hosting a coffee morning in Abbey Square, Taghmon and Murrintown offices from 10.00 to 12.30, holding a raffle for members and a draw on our Facebook page.

Internatio­nal Credit Union Day has been celebrated annually since 1948 in October. The internatio­nal event affords credit unions across Ireland the opportunit­y to remember credit unions’ proud history and promote awareness of and support for the credit union difference.

This year’s theme, “The Authentic Difference” celebrates what makes credit unions truly different. Credit unions are not-forprofit financial cooperativ­es that provide an effective and viable alternativ­e to for-profit financial institutio­ns for over 217 million members in 105 countries worldwide.

Worldwide, 57,000 credit unions exist to serve their members, providing a great place to save money and access affordable loans. In our area, Enniscorth­y Credit Unions serves over 30,000 members, who have savings worth more than €135 million in the credit union. In the past year alone Enniscorth­y Credit Union has provided over €15 million in loans within the community.

Speaking about Internatio­nal Credit Union Day, Joe Busher Manager at Enniscorth­y Credit Union said: “The Credit Union Movement only came to Ireland in

1958 but it tapped into the co-operative spirit in communitie­s all over the country. It’s a worldwide phenomenon that just keeps on growing … which is a real cause for internatio­nal celebratio­n!

It is a unique people-centred service to meet the unique needs of ordinary people. Anyone can join a credit union - one of the difference­s from opening a bank account is that you become a member – and not just a number. This theme honours credit unions’ mission to put people before profit. All credit unions share a common goal to offer access to affordable financial services to all their members and provide even the most financiall­y disadvanta­ged the tools and the opportunit­ies to be financiall­y self-sufficient. This is the credit union difference that makes a real impact”.

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