Slemish n' Tha Braid Credit Union

Slemish n tha Braid Credit Union aims to improve and enrich the lives of individual people in the Ballymena area by offering a Savings and Loan service, powered by our own community.

Slemish n tha Braid Credit Union is member owned by local people across the Ballymena area. It is not for profit and a socially responsible financial co-operative which is both focused on, and managed by the local Ballymena area community.

The credit union promotes regular saving and responsible lending ie; saving what you can and borrowing what you can comfortably afford to pay back all at a reasonable rate of interest.

Members entrust their money to the Credit Union in the form of shares. The Credit Union can then use a portion of this pool of money so their members can avail of loans with a low rate of interest.

The Credit Union can benefit everybody within the local Ballymena area community, especially those who have restricted access to financial services elsewhere and the promotion of welfare within the Ballymena community gives a more personal approach to finance.

The ‘not for profit’ ethos means that the Credit Unions gives money back to their members in the form of an annual dividend.

The Credit Union also provide services intended to support community development around Ballymena on a local level and could be considered a Ballymena community development financial institution.