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  • Celebrating Credit Union Day: Empowering Communities and Ethical Finance
Celebrating Credit Union Day: Empowering Communities and Ethical Finance

19 October 2023

Celebrating Credit Union Day: Empowering Communities and Ethical Finance

Every year, Credit Union Day serves as a powerful reminder of the invaluable role credit unions play in our financial lives and our communities. Credit unions, often overshadowed by their high street bank counterparts, stand as beacons of ethical finance, community support, and economic empowerment. In this blog post, we'll delve into the significance of Credit Union Day, explore the many benefits of joining a credit union, and shine the spotlight on Smart Money Cymru Community Bank, the fastest growing community bank and credit union in Wales.

What is Credit Union Day?

Credit Union Day, celebrated on the third Thursday of October, is an occasion to honour the unique contribution of credit unions to individuals, families, and communities worldwide. It's a day to highlight the critical role these financial cooperatives play in providing ethical, accessible, and community-oriented financial services.

The Benefits of Joining a Credit Union

Ethical and Member-Centric

Unlike high street banks, credit unions are not-for-profit financial cooperatives owned by our members. This fundamental distinction means that our primary objective is to serve the best interests of our members rather than shareholders. This commitment to member well-being results in fairer interest rates, lower fees, and a more ethical approach to finance.

Community Impact

Credit unions are deeply embedded in our communities. We understand the local economy, the needs of our members, and the challenges faced by their neighbourhoods. This local focus allows credit unions to offer financial solutions that genuinely address their members' unique circumstances.

Financial Education

Credit unions aren't just about providing financial services; we also prioritise financial education. By helping members become more financially aware and confident, credit unions empower them to make informed decisions and improve their financial well-being.

Smart Money Cymru Community Bank: A Shining Example

Smart Money Cymru Community Bank is an outstanding example of the transformative power of credit unions in communities, particularly in Wales. We take a proactive approach to community support, ethical finance, and member empowerment.

Community Expansion

In a time when high street banks are closing branches in vulnerable areas, Smart Money Cymru Community Bank is stepping in to fill the void. We’ve opened branches in areas worst affected by the cost-of-living crisis in Wales, most recently in Aberdare, providing vital financial services to residents who may have been left underserved by traditional banks.

Ethical Loans and Savings Accounts

Smart Money Cymru Community Bank is a trailblazer when it comes to ethical financial products. We offer loans and savings accounts that prioritise member well-being, with transparent terms, fair interest rates, and minimal fees. This commitment to ethical finance empowers members to take control of their financial future. We also have our products service Smart Goods, which offers high quality products for an affordable rate!

Financial Education Initiatives

As a community bank, Smart Money Cymru goes beyond providing financial products. We actively engage in community outreach and education programs to promote financial literacy and ensure our members have the knowledge and skills needed to make sound financial choices.

A Brighter Financial Future with Credit Unions

On Credit Union Day, let's celebrate the positive impact of credit unions and the remarkable efforts of institutions like Smart Money Cymru Community Bank in Wales. By choosing to join a credit union, you're not only gaining access to ethical financial services but also becoming part of a community-driven movement that seeks to uplift individuals and communities, fostering a brighter financial future for all. Join a credit union today and be a part of the change you want to see in the financial world.

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Celebrating Credit Union Day: Empowering Communities and Ethical Finance

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Caerphilly

Address:
64-66 Cardiff Road, Caerphilly, Caerphilly, UK, CF83 1JQ
Tel:
02920 883751
Email:
info@smartmoneycymru.co.uk
Web:
https://www.smartmoneycymru.co.uk
Latitude:
51.57302911100962
Longitude:
-3.2198129170355347
We're Open:
Monday 10:00 - 14:00
Tuesday 10:00 - 14:00
Friday 10:00 - 14:00

*Telephone lines open from 09:30 until 15:00 Monday to Friday (09:30-13.00 Wednesdays)

Blackwood

Address:
Credit Union Building, Wesley Road, Blackwood, Caerphilly, UK, NP12 1PP
Tel:
02920 883751
Email:
info@smartmoneycymru.co.uk
Web:
https://www.smartmoneycymru.co.uk
Latitude:
51.66787501082395
Longitude:
-3.1972343282784466
We're Open:
Tuesday 10:00 - 14:00
Friday 10:00 - 14:00

*Telephone lines open from 09:30 until 15:00 Monday to Friday (09:30-13.00 Wednesdays)

Brecon

Address:
Tel:
02920 883751
Email:
info@smartmoneycymru.co.uk
Web:
https://www.smartmoneycymru.co.uk
Latitude:
51.947230735259886
Longitude:
-3.390793859354783
We're Open:

*Telephone lines open from 09:30 until 15:00 Monday to Friday (09:30-13.00 Wednesdays)
**This branch is closed. We are currently looking for alternative venues to compliment our current services via telephone and email.

Tredegar

Address:
Aneurin Bevan House, 40 Castle Street, Tredegar, Blaenau Gwent, UK, NP22 3DQ
Tel:
02920 883751
Email:
info@smartmoneycymru.co.uk
Web:
https://www.smartmoneycymru.co.uk
Latitude:
51.77221415768108
Longitude:
-3.2458905170300167
We're Open:
Monday 10:00 - 14:00
Thursday 10:00 - 14:00

*Telephone lines open from 09:30 until 15:00 Monday to Friday (09:30-13.00 Wednesdays)

Llandrindod Wells

Address:
Laburnum House, Middleton Street, Llandrindod Wells, Powys, UK, LD1 5ET
Tel:
02920 883751
Email:
info@smartmoneycymru.co.uk
Web:
https://www.smartmoneycymru.co.uk
Latitude:
52.240360
Longitude:
-3.379370
We're Open:
Tuesday 11:00 - 13:00
Thursday 11:00 - 13:00

*Telephone lines open from 09:30 until 15:00 Monday to Friday (09:30-13.00 Wednesdays)

Aberdare

Address:
Hwb Cana, Gwladys Street, Penywaun, Rhondda Cynon Taff, UK, CF44 9DE
Tel:
02920 883751
Email:
info@smartmoneycymru.co.uk
Web:
https://www.smartmoneycymru.co.uk
Latitude:
51.730758
Longitude:
-3.482228
We're Open:
Wednesday 10:00 - 12:00

*Telephone lines open from 09:30 until 15:00 Monday to Friday (09:30-13.00 Wednesdays)

Newport

Address:
Smart Money Cymru Community Bank, 27 Skinner Street, Newport, Newport, NP20 1HB
Tel:
02920 883751
Email:
info@smartmoneycymru.co.uk
Web:
https://www.smartmoneycymru.co.uk
Latitude:
51.588221
Longitude:
-2.995640
We're Open:
Tuesday 10:00 - 14:00
Thursday 10:00 - 14:00

*Telephone lines open from 09:30 until 15:00 Monday to Friday (09:30-13.00 Wednesdays)

Smart Money Cymru Community Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (FRN 213370)

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