International Credit Union Day 2019
Wexford Credit Union joins more than 89,000 credit unions around the world to celebrate International Credit Union Day (ICU Day) on 17th October. ICU Day has been celebrated annually since 1948, and is traditionally marked on the third Thursday in October.
The awareness day celebrates the spirit of the global credit union movement. It is an opportunity to reflect upon the credit union movement’s history, promote its achievements, recognise the hard work and share member experiences.
In Ireland, credit unions are more important and relevant than ever. There are now 3.6 million credit union members on the island of Ireland, benefitting from €4.9 billion in loans. Credit unions are ethical, not-for-profit lenders that continue to provide effective and viable alternatives to financial institutions which operate for profit. Which means when you take out a loan with a credit union, you help give back to support a variety of community activities – from local schools, local charities, community groups and sports clubs.
Credit unions genuinely care about their members, and put them at the heart of everything they do. This is why Irish credit unions have won the national customer experience award, CX Award, for a record-breaking five consecutive years. They are the only organisations in the world to have achieved this.
The theme for the 71st ICU Day® is ‘Local Service. Global Reach.’ This is reflective of how each individual credit union serves a local community. Collectively, this local connection has a global effect – there are now 260 million credit union members in 117 countries worldwide.
To mark the occasion Wexford Credit Union will be celebrating on the day. Coffee Express will be at our office in the morning providing hot beverages for our members. Delicious cupcakes from Jenny’s Cupcakes will also be on offer. There will be competitions and other surprises on the day also so please join us at our office for the festivities.