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What makes credit unions work – the 5 “P”s
- 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
What’s in it for the owner-members?
Secure low risk savings; a source of loans with clear and fair conditions and regulated repayment terms; being part of a community enterprise where every owner-member is an equal owner of it!
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e: info@creditunionconsultancy.com
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