Dreamy Celebrations at St. Michael's Credit Union for International Credit Union Day. St. Michael's Credit Union Joins 68,800 Credit Unions to Celebrate Global Credit Union Movement on October 19th.
St. Michael's Credit Union is gearing up to host a range of exciting community events and competitions to celebrate International Credit Union Day on Thursday, October 19th. St. Michael's Credit Union will join more than 68,800 credit unions around the world in marking the global event which celebrates the important role that financial cooperatives play in their local communities.
Since 1963 St. Michael's Credit Union has been proudly serving the Blackrock and Mahon areas. St. Michael's Credit Union now has a membership of over 14,500 with savings worth over €44 million in 2016. In 2016 alone St. Michael's Credit Union has provided over €5 million in loans within the community. To celebrate their own achievements as well as those of the global credit union movement, the credit union has planned a number of festivities to mark International Credit Union Day. These will include competitions and The Tony Burke Student Bursary Draw to mark International Credit Union Day will take place on Facebook and in our office.
Dreams Thrive Here
The theme of this year’s annual celebration is ‘Dreams Thrive Here’ which was chosen to reflect how credit unions serve as catalysts to make different personal choices and career paths a reality. Worldwide, 68, 882 credit unions in 109 countries serve 231 million members. In Ireland, as in other countries, credit unions with their not-for-profit and member-first ethos provide effective and viable alternatives to for-profit financial institutions.
Speaking about the activities to mark International Credit Union Day Roland Haussmann Manager at St. Michael's Credit Union said: “St. Michael's Credit Union, like all credit unions, shares a common goal to offer access to affordable financial services to all of our members. We strive to provide even the most financially disadvantaged sectors of our communities with the tools and the opportunities to be financially self-sufficient – and to help them on the road to achieving their hopes, dreams and goals. This is why the theme this year is so apt and captures the credit union difference that makes a real, positive impact on the lives of people in the Blackrock and Mahon areas. We have planned our events to also reflect this theme and we look forward to celebrating this with our members and the whole community on International Credit Union Day.”
International Credit Union Day has been celebrated annually since 1948 in the month of October. The international event affords credit unions across Ireland the opportunity to remember the proud history of the credit union movement here, which began in 1958, and to promote awareness of the credit union difference.