Posted by | Category Blog | Date 19 October 2016

Credit Unions Explained

What is a Credit Union? Credit Unions were founded in the 1940s as not-for-profit organisations to help people save money or borrow at low interest rates. The founders of a credit union are joined by a common bond, whether they work together, belong to the same community or church, but their aim is to help local people save money rather than charge usurious rates. Source: MoneyAdviceService Rather than profits being

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