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Credit Union launches Financial well-being report
Killarney Credit Union, last week announced the release of its second annual Social Impact Report, showcasing the organisation's ongoing dedication to enhancing the financial health and well-being of its members and the broader communities of South and East Kerry.
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 from the great Killarney area, Cahersiveen and Kenmare that received sponsorship amounting to over €50,000 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.
“Our second annual Social Impact Report is a testament to the power of community and collaboration,” said Joy Clifford-Vaughan, Chairperson of Killarney Credit Union. “We are proud of the impact we’ve made over the past year, but we are even more excited about the opportunities ahead. Our mission is to create positive, lasting change for our members and the communities we serve, and this report showcases our continued progress toward that goal.”
Affordable credit and easy access to loans is a core principle and in the last financial year, Killarney Credit Union loaned €26.7 million to 2,729 members, fuelling the economies of South & East Kerry
Killarney Credit Unions Social Impact report is available to download on
www.killarneycu.ie/socialimpact.
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