Killarney Credit Union is proud to announce the launch of its very first Social Impact Report, showcasing their commitment to making a meaningful difference in the communities they serve.
Social Impact in Credit Unions refers to the positive effects and contributions that Credit Unions make to their members and community. Credit Unions pride themselves on being different and need to highlight and promote what it is, that makes them different. Credit Unions are a member-owned and not-for-profit organisation. They are uniquely positioned to improve their social impact by prioritising the well-being of their members and the communities they serve.
The launch which took place in Beech Road offices last week brought together many of the clubs and organisations that received sponsorship amounting to €35,000 last year. Killarney Credit Union is very proud to have sponsored numerous events and each initiative highlighted in the report publicises the impact made on the communities they serve.
“At the heart of our credit union lies a deep-seated commitment to people, not profits. This report encapsulates our unwavering dedication to social responsibility, financial inclusion, sustainable growth and community development.” said Joy Vaughan-Clifford, Chairperson, Killarney Credit Union. “Killarney Credit Union aims to prioritize our members' needs. Our focus on our members is strengthened by personalised service and a strong sense of community.”
Affordable credit and easy access to loans is a core principle and in the last financial year, Killarney Credit Union loaned €23.7 million to 2,735 members, fuelling the economies of South & East Kerry. 488 new members joined Killarney Credit Union, with 817 members opening current accounts. The loan interest rates offered by Killarney Credit Union are among the most competitive in Kerry.
Other notable inclusions in the Social Impact report include Volunteerism, Strategic Plan Implementation, development of an Environmental Sustainability brief, green product development, access to financial services and credit, member awareness programmes and benefits of being a member .
Killarney Credit Unions Social Impact report is available to download at the bottom of this page.
Killarney Credit Union is a member-owned financial cooperative dedicated to serving the financial needs of over 35,000 individuals, families, and businesses in South & East Kerry. With a focus on community impact and member satisfaction, Killarney Credit Union offers a full range of financial products and services designed to help members achieve their financial goals and dreams.
