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WHAT IS A CREDIT UNION
What is a Credit Union?
Who can join a credit union and how?
Can the people running it be trusted with the money of others?
Is there an investment return on my savings?
How does a Credit Union trade?
How are loans applied for?
How much can be borrowed?
Are those with previous poor credit records able apply for a loan?
Complaints - how are these dealt with?
What makes credit unions work the 5 Ps
Whats in it for the owner-members?
Whats next?
 

What makes credit unions work the 5 Ps

  • People – to start it
  • People – to join as owner-members
  • People – to help run it in a variety of unpaid voluntary roles
  • People – to manage it on a day to day basis “24/7 – 365”
  • People – to take the ultimate legal and custodial responsibility for it
 

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