What We Do
A credit union is a group of people who save together and lend to each other at a fair and reasonable rate of interest. Credit unions offer members the chance to take control over their own finances by making their own savings work for them. Every Credit Union is owned by the members – the people who save & borrow with it.
The Credit Union exists only to serve its members. When you save with the credit union you contribute to your credit unions loan fund – in effect by saving you are helping other members – members like you.
We are a local, not for profit financial institution. We specialise in providing a safe place for savings and loans in our community. We are controlled and directed by a voluntary Board of Directors. The Board is elected by the Members of the Credit Union at the Annual General Meeting.
Hannahstown Credit Union Limited was founded following a public meeting held in St. Oliver Plunkett Primary School on the Glen Road in 1971. 11 founding members put in £1 each. Today, 50 years later, online access to member accounts has given enhanced service to members who can now access their balances online, make payments and transfers and pay into their credit union account with our brand new website.