The first object of the credit union is “to encourage thrift among its members by the accumulation of their savings.”  But thrift means much more than saving for the future.  The way we organise our finances on a daily basis can affect our whole life.  The credit union has proved to be most effective in providing a new framework for members’ financial affairs by:

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Encouraging regular savings.

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Helping to keep debt under control.

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Offering money management advice.

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Providing a source of low cost credit.

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Providing death benefits and insurance.

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Freeing them from exorbitant interest charges.

WHY BORROW FROM THE CREDIT UNION

Members own their credit union so when you borrow; you are not just another customer increasing someone else’s profits.  The interest you pay on your loan will help to make your credit union grow for the benefit of the whole community. Loans are only available to members, to provide help when a need exists and not to make a profit at the expense of the borrower.