What can Naomh Brendan credit union in Loughrea do for you?
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Naomh Brendan credit union in Loughrea is a financial co-operation that is owned and controlled by its members. They offer a personalised friendly service to all of their members. With your credit union, you can borrow money cheaper than you can with banks and if you save, you get better interest rates than that of your bank as the credit union is a not for profit organisation.
Membership costs just €1.27 and can be setup at the branch or online. You will need 2 forms of identification, one must include your current address and the other must be a photo ID such as a passport or driving licence. You must fill out an application form that can be picked up at the branch or downloaded from their website.
Saving with your credit union is the best option if you want to get a good return. Each share you hold is eligible for a dividend. Your money is always safe as it's protected by a Savings Protection Scheme. You can choose to withdraw your money at any time.
Loans are available to all members aged 18 and over. The credit union uses its member's savings to issue loans at no direct cost to the member. Interest rates are very reasonable and you can choose to repay your loan on a schedule that suits you.
So why not call into your local credit union in Loughrea and see what they can do for you. The branch is on Dunkellin Street in Loughrea and is open Monday to Saturday from 9:30am to 5:30pm. You can find out more on their website at naomhbrendancu.ie.