Credit Union Difference Celebrated on Historic International Credit Union Day®
Killarney Credit Union joins more than 68,800 credit unions around the world to celebrate the 70th annual International Credit Union Day® (ICU Day) on October 18th next. In addition to being an important anniversary for the global movement, credit unions here are also celebrating 60 successful years of service in Ireland. To mark this significant milestone in Irish credit union history, this year’s ICU Day® celebrations will focus on the unique financial services offered by credit unions.
The celebrations will revolve around the theme of the ‘credit union difference’, putting people at the heart of everything we do, which has endured for the past six decades in Ireland. All credit unions remain not-for-profit institutions that operate independently. All credit union decisions on services, products and the future direction of the organisation are made at a local level, and in the best interest of the local membership. Credit unions remain a trusted and reliable provider of affordable credit in the communities they serve.
To mark the occasion, Killarney Credit Union will host a Member’s Appreciation Day in its branches with sweets, treats and gifts for members who call into any of Killarney Credit Union four branches in South Kerry.
Speaking about the activities to mark ICU Day® Mark Murphy, CEO at Killarney Credit Union said: “This year we are delighted to mark the occasion with an expansion of our services to the members in the Cahersiveen area. We would like to thank members for their patience and loyalty while we roll out our new IT system and additional functions in the Cahersiveen branch” he concluded.
Killarney Credit Union has been proudly serving the communities in the South Kerry area for nearly 40 years. Killarney Credit Union has an expanded membership of 32,000 and looks forward to the coming financial year supporting the lending needs of the members in South Kerry.
Worldwide, 68,882 credit unions in 109 countries serve 231 million members. There are 3.6 million credit union members across the island of Ireland alone, which is one of the highest number of members per head of population. In Ireland, as in other countries, credit unions with their not-for-profit and member-first ethos provide effective and viable alternatives to financial institutions which operate for profit. ICU Day® has been celebrated annually since 1948, and is traditionally marked on the third Thursday in October.