Question 1

What is S.A.G. Credit Union Limited?

Accepted Answer

S.A.G. Credit Union Limited is a community-based financial cooperative serving members in Northern Ireland. Registered as an Industrial and Provident Society, the credit union provides financial services to improve the economic and social wellbeing of its members. With over 9,000 members, it operates on the principles of equality, equity, and mutual self-help.

Question 2

When was S.A.G. Credit Union Limited founded?

Accepted Answer

S.A.G. Credit Union Limited was established in 1965 and registered as an Industrial and Provident Society Company under registration number NO00074. The credit union was founded by volunteer founders who worked against a backdrop of social deprivation and unemployment in Northern Ireland.

The credit union has been serving its community for over 50 years, maintaining its commitment to the original founding values.

Question 3

Where is S.A.G. Credit Union Limited headquartered?

Accepted Answer

S.A.G. Credit Union Limited is headquartered in Belfast, Northern Ireland, with its registered address at BT11 9BS. The credit union operates from its location serving the local Belfast community.

Question 4

Where does S.A.G. Credit Union Limited operate?

Accepted Answer

S.A.G. Credit Union Limited operates within Northern Ireland, serving its membership community in the Belfast area. The credit union traditionally provided services over the counter at its offices, with plans to expand services online to provide greater accessibility to members.

Question 5

What services does S.A.G. Credit Union Limited offer?

Accepted Answer

S.A.G. Credit Union Limited provides a range of financial products focused on practicing thrift and creating sources of credit for members. Services include savings accounts, loans, and other financial products designed to support members' economic wellbeing.

The credit union is committed to providing innovative financial products supported by professional service from dedicated and trained staff. All services are administered in accordance with sound management practices to maintain the financial strength of the credit union.

Question 6

What makes S.A.G. Credit Union Limited unique?

Accepted Answer

S.A.G. Credit Union Limited embodies the cooperative financial model that prioritizes member service over profit maximization. The credit union has maintained its community focus for over 50 years, growing to serve over 9,000 members while staying true to its founding mission.

The credit union's commitment to equality, equity, and mutual self-help distinguishes it from traditional banking institutions. The volunteer spirit of its founders and their work to address social deprivation continues to influence the credit union's approach to serving its community.

Question 7

What type of financial institution is S.A.G. Credit Union Limited?

Accepted Answer

S.A.G. Credit Union Limited is a credit union registered under the Industrial and Provident Societies Act in Northern Ireland. Credit unions in the United Kingdom are now regulated by the Prudential Regulation Authority and the Financial Conduct Authority, following regulatory changes that transferred oversight from the Department of Enterprise, Trade and Investment (DETI) to enable Northern Ireland credit unions to expand services in line with Great Britain.

S.A.G. Credit Union Limited

in the United Kingdom 🇬🇧

Crypto-Friendliness

All done!

About S.A.G. Credit Union Limited in the United Kingdom