The Credit Union was first muted in the 1980’s but it was not until 1998 that a group police officers with the police federation registered on the 25th of June 1998 as an Industrial and Provident Society Company number NO000182
The volunteers who formed the various committees met and began what became a very successful credit union with the help of the federation
The credit union office was originally at the offices of Police Federation of Northern Ireland helping with phones and IT.
Membership is soon to reach10,000 who enjoy simple and flexible savings facilities with annual dividends on savings according to profits.
Common Bond began in those early years was for Serving and Retired Police Officers of the Police Service of Northern Ireland/RUC and Civilian Support Staff.
Later this was to be extended to members of immediate family at residing at the same address. Later again allowing Junior savers accounts via parents.
In 2019 the credit union made the decision to move to new offices at Newforge Country Club.
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