Magherafelt & District No 3 Credit Union
in the United Kingdom 🇬🇧
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About Magherafelt & District No 3 Credit Union in the United Kingdom
Magherafelt & District No 3 Credit Union is a community-focused, not-for-profit financial co-operative based in Magherafelt, County Londonderry, Northern Ireland. The credit union serves over 2,500 members in the Magherafelt District area, providing savings schemes and low-cost loan facilities to the local community.
As a member-owned financial institution, it operates on co-operative principles where members are both customers and co-owners. The credit union is regulated by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA), ensuring members benefit from Financial Services Compensation Scheme (FSCS) protection and access to the Financial Ombudsman Service.