Managing finances can be hard especially with tuition, rent, groceries, and other expenses. But did you know that joining a credit union could make things easier? Credit unions offer many benefits that help you save money and manage your finances more effectively.
Let's explore why!
1. You can have affordable fees and interest rates.
Firstly, credit unions are not-for-profit organisations which means they exist to serve their members, not to make a profit for shareholders. This translates into lower fees and interest rates, which means more money in our pockets. Plus, it's nice to know that our financial institution has our backs. For current account services, students go FREE.
2. You become a member, not a customer.
When you become a member of a credit union, you become a part-owner. This means we have a voice in how the credit union is run and what services are offered. Unlike traditional banks, credit unions are owned and run by their members, it's like being part of a tight-knit community where everyone is looking out for each other.
3. You will be part of a supportive community
Credit unions are deeply involved in their local communities, which means you can give back while being members, supporting charities and events, and offering volunteer opportunities. As a student, joining a credit union can allow you to give back to your community while being a member of an institution that prioritises community involvement and impact.
4. Get free financial advice to achieve your goals.
As a member of a credit union, you get all the information to help you make informed financial decisions. Credit unions are dedicated to empowering their members with the knowledge and skills needed to make sound financial choices.
5. You will get personalised services.
At credit unions, you're not just a number. We're very proud of offering personalised service to you as a member! The staff is friendly, approachable, and available to offer advice and support tailored to your individual financial situation. Our member service has been awarded for 8 years as the "Best in Ireland".
6. You can use online and mobile banking everywhere
Convenience is key when it comes to managing your finances. Credit unions may be smaller than traditional banks, but they still offer the same convenient banking services, such as online banking and mobile apps. With online banking and mobile apps, you can easily check your balances, pay bills, and transfer funds from anywhere, at any time.
So, if you're a student looking to take control of your finances, joining a credit union might be the way to go. It's a win-win situation: we get the financial services we need and become part of a community that cares about us. So go ahead, find your local credit union, and start reaping the benefits today!
