Do you Know Your Credit Union Offers Larger Loans?

Community 2 min read

06 Feb 2020

Credit unions across the island of Ireland and in workplaces up and down the land are inviting each and every one of their members to Imagine More!

• Imagine a member owned institution, designed to serve members, not profit from their needs.

• Imagine a democratic, community based institution that takes decisions locally in the best interest of members.

• Imagine a loan from a lender at the heart of your community!

• Imagine a straight-forward loan, with no sneaky conditions!

Imagine More is the new campaign from your local credit union, focused on letting members and all loan seekers know that credit unions are not just for small, short-term loans but can cater for larger, longer-term loans too.  Recent regulatory changes have made it easier for credit unions to offer longer-term loans, with many in the Republic of Ireland now able to provide mortgages.

Credit unions want you to know that they are open for your larger loan needs with their range of “Monster Loans”!

We know the needs of members are ever-changing. The new campaign highlights an ongoing commitment to tailor products and services; catering to all stages and all milestones of a member’s life, no matter how big or small.

 The credit union is a well-known and well-liked Irish institution. An important part of Irish society and communities for decades, we are seen as safe, trustworthy, a place to save and somewhere to get small loans. 

While the credit union is all of those things, there are numerous misperceptions that exist– most notably around the size of the loans we offer. We cater to all members, at all stages of life – for needs big and small.

 As local, ethical lenders, credit unions take the time to understand a member’s situation. Our staff will ensure that every loan is suitable to a member’s needs and particular financial circumstance.

The new campaign also comes in the wake of Irish credit unions winning the 2019 national Customer Experience Awards. Credit unions were ranked number one for customer experience for the fifth consecutive year in the CXi Ireland Customer Experience report, leading the way for qualities such as integrity, empathy and commitment to delivering services in line with members’ needs.

So while credit unions know they’re trusted they now want you to know that they provide larger loans than what you perceive or believe. There are no sneaky penalties for paying a loan back early, nor are there any scary hidden fees or charges on credit union loans. As credit unions make decisions locally, they are happy to take the time to get to know the individual circumstances of all of their members.

Credit unions are looking forward to discussing plans for that house extension or green retrofit or indeed a new electric car -or it might be the dream luxury around the world holiday! Whatever the reason, credit unions have the size of loan to match your dreams.

So call in, or contact your credit union today, and enquire about “Monster Loans” and Imagine More!”