Youghal Credit Union Launches First Time Borrower Initiative

by Denise FitzGerald


On Wednesday, 17th May Youghal Credit Union launched their new initiative, First Time Borrower. Part of their 50 years Celebrations, the attractive lower and competitive rate is just 6%.
Colm Geary told The East Cork Journal that "Youghal Credit Union has had a very successful 50 years in the Youghal and surrounding areas, and this new initiative will bring our members into the future. It is for all members who have never had a loan with YCU in the past, or members who have not had a loan in the past five years. It is also for new members who join the Credit Union and is available only for the first loan which a member has with us.

The First Time Borrower works at a one first time borrower loan per member, per lifetime basis, and it also follows all lending procedures which the Credit Union has in place for all other lending products.