Company number NO000078 was registered in1971along with other credit unions and affiliated to the Irish league of Credit Unions as an Industrial and Provident Society Company
The operations of the credit union were originally carried out by volunteers from the Board of Directors the founders.
Those original founder members struggled against a backdrop of social deprivation and unemployment to build a solid foundation that would last.
Since then the Credit Union has offered people a friendly way to save and borrow. They offer a service for local people and over the years have allowed local people to save and borrow at an affordable rate.
The Common Bond was extended wider afield, to areas which were not already being served by any other credit union and membership grew and grew.
The credit union is very active in the Schools within the Common Bond, who participate in many Credit Union events, including the annual Art Competition and CU Schools quiz run by the Irish league of Credit Unions.
With the introduction of IT and the internet the credit union is allowing the members to complete certain processes online and with the specialist security measures that are provided. Giving the same level of security as if members were standing with a cashier at the counter.
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Want to find out more?
Visit the Pennyburn Credit Union website, or get in touch with their team:
Telephone – 02871352166
Email – pennyburncu@btconnect.com
Copyright British Credit Union Historical Society 2018 – All rights reserved
British Credit Union Historical Society 