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Pioneer Mutual Credit Union reduce secured loan rate to support members

Pioneer Mutual Credit Union have a reputation for supporting its members through the good times and the bad, and COVID19 is no different, and that’s all part of the credit union difference.

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Monday 15 January 2024

Pioneer Mutual Credit Union have a reputation for supporting its members through the good times and the bad, and COVID19 is no different, and that’s all part of the credit union difference.

In response to the pandemic Pioneer Mutual have reduced their secured loan rate from 12.7% to 6.2%, enabling members to access affordable loans with flexible terms while leaving their savings intact as in this uncertain time who knows what the future might bring.

Its branch is still open for members who require to access services directly; and are open on Monday, Tuesday, Thursday and Fridays mornings,

Members can access services directly through Pioneer’s app and/or members area. The credit union is enabled to transfer loans funds and share withdrawals via BACS, and the team are on hand to answer email enquiries.

Chair of Pioneer Mutual Credit Union, Stephen Walsh said: “We would like to thank our staff and board for all their hard work during this difficult time, it is heartening to see our team always putting the member first.”

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