After 18 months of hard work, Roscrea Credit Union has formed a strategic alliance with CU Insured Ltd, one of Ireland’s leading and most innovative Insurance Intermediary companies, to provide it’s members with a FREE financial review and access to a comprehensive (whole) range of financial products and services. Roscrea Credit Union is one of only eleven credit unions in the country given permission by the Central Bank, to date, to enter this arrangement.
The Manager of Roscrea Credit Union Brian King and the Chairman Sean Hogan welcome their new partners CU Insured to Roscrea.
L/R: Mike Mulrenan, Ger Slattery, Brian King and Sean Hogan.
It’s a completely FREE service to Roscrea Credit Union members, provided by CUinsured. CUinsured is set up as an independent Financial BROKERAGE utilising a ‘state of the art’ system whereby it can ‘shop around’ for the best value plans tailored to members individual circumstances. Its works within the family budget and all existing plans are taken into account, in any advice given. Cuinsured has access to all the main providers of financial services and similar to your car or home insurance – we can ensure members get the best deal in the marketplace.
Ger Slattery from CU Insured pictured with just some of the credit union team who will help to make the partnership between Roscrea Credit Union and CU Insured a great success.
David Dooley, Siobhan Moloney, Ger Slattery, Martha Hogan, Ena MacMahon and Deirdre Hogan
Brian King the Manager of Roscrea Credit Union spoke about the service recently. Brian said that Roscrea Credit Union had spent eighteen months putting a rigorous plan in place to ensure that Roscrea Credit Union would be in a position to be one of the first eleven credit unions in the country to provide this service which compliments an ever expanding range of products and services currently available from Roscrea Credit Union. Brian welcomed CU Insured to Roscrea Credit Union, thanked all the volunteers and staff for their support and in particular thanked Eoin Shanahan who he said was a great credit union volunteer and is very much involved in the overall project.
Sean Hogan the Chairman of Roscrea Credit Union said that the new service would be most welcome by credit union members. Sean said it was important to the credit union extend its range of services to the member. Sean Hogan said that a number of members had already contacted him to say how delighted they were at the advice given and the savings that they have made as a result. Sean stated that apart from offering a free financial review/healthcheck, members will be given the opportunity to potentially save hundreds of euros per year on life assurance, mortgage protection, income protection and serious illness cover etc.
Brian king said it’s important that credit unions position themselves as a real alternative to the banks. Brian said that this new service coupled with plans for a new online banking service and web app will help ensure that the credit union remains relevant to all its members. Brian said that not only is the service available to members but that anyone that is not a member of the credit union is invited to make an appointment. If that person then decides to make another great choice by joining Roscrea Credit Union, they will be most welcome.
Mike Mulrenan MD and partner, Eamon Lynch set up CUinsured specifically to cater for the needs of Credit Union members. Roscrea Credit Union as mentioned is one of the first eleven Credit Unions throughout Ireland to go live with this groundbreaking, on-site financial services provision. Indeed, CUinsured is the first financial company in Ireland to do this.
“We understand the culture of the Credit Union as a mutual society,” says Mike. “Our emphasis is on putting the members’ best interests first and foremost, which is what
the ethos of the Credit Union is all about and what is severely lacking in the approach of the banks and other commercial financial institutions.”
“The market place has changed greatly in recent years. There is a lot of bad feeling towards banks since the financial crash in 2008 and since then the Credit Union has emerged by far and away the most trusted financial institution in the country.“
“Just recently the Credit Union was voted the most trusted brand in Ireland for the second year in a row and we think that the timing is perfect to be able to offer a range of financial services on-site in Credit Unions that have been traditionally offered through the banks.”
“We offer an independent view of the marketplace and are able to recommend whichever product best suits the client’s needs not just promoting a particular bank’s own products or indeed one particular life company’s products.”
“It’s a service we want to make exclusively available to Credit Union members. We believe it offers a good incentive to enable the Credit Unions to attract new members on the back of being able to access our service.”
Each member can book an appointment with our financial advisor, Ger Slattery, who is now based in the offices of Roscrea Credit Union, 5 days a week. The meeting can take place at Roscrea Credit Union or any other venue or time of your choosing. Ger can provide access to a full range of financial services such as: life assurance, serious illness, income protection, investments, unit linked savings, pensions, and estate planning. All aspects of financial planning are covered.
Ger Slattery is an experienced Qualified Financial Advisor who has worked for a number of national financial services providers on a local as well as national basis. He is based in the local vicinity and has a comprehensive knowledge of the issues affecting local Credit Union Members
“Whatever your financial needs or requirements are, we have the ability to provide you with advice in any of those areas,” says Ger “This should make it a much easier decision for members to actually avail of the services.”
Their focus isn’t just on offering new policies, CUinsured is aware that many members with existing policies may be paying over the odds for a package that doesn’t suit them.
“We offer this service for two reasons,” explains Ger, “one is to make sure that their existing policy meets their current financial requirements and second is that they are getting whatever they have at home at the very best rates that are available in the marketplace.”
“Our belief is that there are a huge number of people who very rarely review the types of policies we’re talking about. If they haven’t reviewed it, there is a huge opportunity for them to save money on their current outgoings.”
“It is our aim to always be looking after the Credit Union members’ best interests,” explains Ger “Having fully secured the approval of the Board of Directors at Roscrea Credit Union, members can feel confident in the services offered by CUinsured”.
“To be able to secure this relationship with such a high profile Credit Union who are willing to support and sponsor our particular product offering should be a significant confidence booster for its members” said Ger who also added that the professionalism and the enthusiasm that he has encountered on all his visits to Roscrea Credit Union to date is infectious and second to none.
Brian said this is a massive compliment to the management team the staff and the volunteers who have had a very challenging number of years and want to see their credit union be the very best it can be. Brian said that the credit union must ensure that it has mechanisms in place to deliver on the credit union’s vision which is to understand the financial needs of its members and to seek to satisfy those needs on a co-operative basis through the provision of appropriate quality services to the benefit of its members and the community at large. Brian said CUInsured has played a huge role in allowing the credit union to do this. Brian also welcomed Ger Slattery to the team. Brian said that Ger will certainly be known to GAA supporters, in particular, having won many honours with Kiladangan one of North Tipperary’s most prominent clubs. Brian added that the Credit Union has been supportive of many local clubs, groups and organisations over the years and if any of them would like to get in touch about a collective talk on what Roscrea CU and CU Insured can do for them then they are most welcome to get in touch.
Sean Hogan concluded by extending his best wishes to CU Insured who hope to employ up to thirty employees throughout the country by the end of 2017. Sean reminded Roscrea Credit Union members that this is a great opportunity for them all to get something really great for free and he thanked all the existing members for their continued support of their local credit union.
Drop into Roscrea Credit Union to have a chat to book a free, no-obligation appointment for a review of any existing policies you may have. Alternatively please call Ger Slattery on 085 8670063 or email: Gerald@cuinsured.ie
We would highly recommend calling into meet Gerald Slattery in Roscrea Credit Union. Ger is extremely accommodating and professional. Gerald took the time to educate us on our insurance and investments and inform us about various options and what would be best for us. Gerald always has his clients best interest in mind…….Yvonne and Gary Parr
A big thank you to Ger, CU Insured and Roscrea Credit Union. Coming in to meet with Ger has proved to be a wonderful decision. Once we explained our financial position, Ger took care of all the rest. We never felt in any way under pressure and we were delighted with the advice we were given and which we decided to take. We would highly recommend this new service…………Viktorija Narusyte and Arnis Austrums