International Credit Union Day 2019
Westport Credit Union joins more than 89,000 credit unions around the world to celebrate International Credit Union Day® (ICU Day®) on 17th October. The 71st ICU Day® is an important celebration not just for the global movement, but also for Irish credit unions.
In Ireland, credit unions are more important and relevant than ever. There are now 3.6 million credit union members on the island of Ireland, benefiting from €4.9 billion in loans. Lending by credit unions is up by 7.2% year-on-year, as members continue to benefit from affordable and flexible lending terms and conditions.
Credit unions are ethical, not-for-profit lenders that continue to provide effective and viable alternatives to financial institutions which operate for profit. Credit unions genuinely care about their members, and put them at the heart of everything they do. This is why Irish credit unions have won the national customer experience award, CX Award, for a record-breaking four consecutive years. They are the only organisations in the world to have achieved this.
The theme for the 71st ICU Day® is ‘Local Service. Global Reach.’ This is reflective of how each individual credit union serves a local community. Collectively, this local connection has a global effect – there are now 260 million credit union members in 117 countries worldwide.
Westport Credit Union has been proudly serving the Westport areas for over 55 years. Westport Credit Union has a membership of over 12,500, and in the past year alone has provided nearly €9,000,000 in loans to the local community.
ICU Day® has been celebrated annually since 1948, and is traditionally marked on the third Thursday in October. The awareness day celebrates the spirit of the global credit union movement. It is an opportunity to reflect upon the credit union movement’s history, promote its achievements, recognise the hard work and share member experiences.
Make sure you drop in on Thursday October 17th for some treats, friendly chat, information on how to become a member or applying for a loan, super service and a chance for you to WIN €100 on the day.
All the team at Westport Credit Union are looking forward to seeing you then.
