Busy year ahead for local Credit Union

Ballinasloe Credit Union located on Mainstreet, has been at the heart of the community for many years, paving the way for financial inclusion, stability and enabling progression in many households.
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Credit unions also support local community initiatives and charities because they understand that it is the little things that make the difference. Facing uncertainty in 2021, the community of Ballinasloe can rest assured your Local Credit Union is here to support you.
Many within the community have had their world turned upside down and some continue to experience financial difficulties due to changed circumstances. Launching a new mobile app, Ballinasloe Credit Union now allows you to do everything all from your phone and remains committed to supporting and engaging with members.

Credit Union Chairperson Marian Brady stated “We are proud to be part of a movement that is regarded so highly across the country. Our dedicated staff and volunteers genuinely care about what our members want, and this is why we have consistently tailored our services and products to our members’ specific needs, so we are looking forward to rolling out some new products and services in 2021.”

The Credit Union is launching a new current account this year, “It means Credit Union members will now be able to get a competitive Current Account from their trusted Credit Union. They will no longer need to go to a bank to get this service. Members using the current account facility will have access to a globally accepted Mastercard Debit Card offering contactless payments, standing orders, direct debits, and an overdraft facility” explains  CEO Grainne Murphy

Shane Mc Neill , Business Development Manager at BCU acknowledged: “Even before the pandemic, there were already major shifts in credit union members’ demands. While members still want the personal and reliable service that credit unions provide, their needs have changed with their circumstances; they now also want mortgages, small business loans, and other specialised financial products.”

The Credit Union successfully launched a specialised farming loan in 2018 and following on from the success of this product they have launched two business loan products in 2020.

In the coming months they look forward to be able to offer mortgage facilities to their members looking to buy their first home. The Credit Union is constantly evolving and developing services for their members and community.

Today, investing in new technology and processes is essential.  Shortly, the credit union will be launching a new digital platform to facilitate online loan applications and new members onboarding, meaning from the comfort of your home you can join and apply for a loan.

BCU has forged a strong bond with members and indeed the wider community. This is not just because of their commitment to the provision of member-driven, not-for-profit savings and loan services, but also due to a programme of sponsorship and donations to local sporting clubs, youth initiatives and charities.

The Credit Union is currently finalising its Virtual AGM which is scheduled to take place online in March 2021. Members will shortly receive their copy of the financial reports and login procedures for the forthcoming AGM in the post. 
 
For more information on all the services and products visit their website;  
www.ballinasloecreditunion.com  email info@ballinasloecreditunion.ie  or Tel 0909643179