WELCOME TO FIFE CREDIT UNIONS

*  Are you looking for a way to start saving?
*  Are you looking for an affordable flexible loan?

What is a Credit Union?

A credit union is a not-for-profit financial institution dedicated to serving the needs of its members.

All credit unions are governed by a Board of Directors, elected by and from its membership. Credit unions are made up of people with a common bond, something that draws them together - where they live, where they work, etc. When someone joins a credit union, they open a share account (savings). It is called a share account because the individual becomes part owner of the credit union.

Since credit unions are not-for-profit organisations, any money made above the cost of operations is returned to the members in the form of dividend.

 What's so different about them?

Everyone seems to be after your money these days. Newspapers are full of adverts offering savings schemes or loans, so what makes a credit union different?

*  An easy way to save.
*  A cheap way to borrow.
*  Insurance on savings and loans at no extra cost.
*  Profits returned to members.
*  Money stays in the community.
*  Regulated and insured so you know that your money is safe.
*  Part of a world wide movement.
*  Savings schemes for young people too.