On October 20th, People First 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, People First Credit Union is launching a new Mobile App where members can check their balance, move money in and out of their account and much more, all from the palm of their hand.
Members are invited to join staff on Thursday 20th October in our Abbeyleix office from 10am – 11.30am and our Portlaoise office from 12pm – 2.30pm to celebrate a great year for People First Credit Union growing stronger together!
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-for-profit financial cooperatives that provide an effective and viable alternative to for-profit financial institutions for over 217 million members in 105 countries worldwide.
People First Credit Union serves over 25,000 members. In the past year alone People First Credit Union has provided almost €25 million in loans within the community and donated over €26,000 back into the community. Speaking about International Credit Union Day Carol Dempsey Marketing & Business Development Executive at People First Credit Union said the Credit Union Movement only came to Ireland in 1958 and has since tapped in to the co-operative spirit. “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.
"People First Credit Union is embedded in the local Portlaoise, Stradbally, Ballinkill and Abbeyleix community. Because of our members, we are able to play a vital role in the development and financial stability of the community. Yes we are changing to meet member's needs, like introducing new electronic payment services, online access to accounts, and a raft of other services like bill pay and foreign exchange but our ethos remains the same,” said Carol.