Cork credit unions encourage customers to switch

Stephen Geary and Jack Shiels, Synergy Credit Union, pictured at the launch of a campaign to encourage people to switch their current account services to a credit union, in the company of John Ryan (St. Pauls), Dominic Casey (Access, Skibbereen), Gary Hanrahan (Douglas), Averyl Condell (Access, Bandon) and Chulainn O'Neill (Bishopstown). (Picture: Brian Lougheed)

Nine credit unions across Cork City and county have launched a campaign to encourage people to switch to them for their current account services.

The credit unions are hoping to encourage thousands of customers to open current accounts with them where they will avail of services like overdrafts and direct debit facilities.

Synergy are among the nine credit unions involved – who in total have 21 offices across Cork City and county – the other credit unions are Aviate, Access, Douglas, First South, Macroom, HSSCU, Bishopstown and St Pauls.

Credit unions have expanded their offerings over the years and now offer a range of services such as current accounts and mortgages. The campaign is in response to the announcement from a number of banks that they are leaving the Irish market.

Credit unions offer extremely competitive rates, with current account management fees starting at just €4 per month. They also offer free banking for students and other benefits.