The Credit Union is a local, not for profit financial institution. Established in 1969 by a group of local people and registered in January 1971 as an Industrial and Provident Society Company number NO000070
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 founders should be acknowledged as a pillar of the Credit Union movement in the area. The Credit Union saw significant growth over those years, so much so the Directors decided to purchase premises to accommodate the credit union.
The Common Bond of live or work covers all the areas that is suggested in the name and has been extended wider afield, to areas which were not already being served by any other credit union. This was in keeping with the principles of Co-operation and self-help, with a view to helping more families and individuals in the credit union area to improve their quality of life. The same motivating factors in the setting up of the Credit Union.
Membership continues to grow and they currently have a large number of adult active members and those active young members from the partner 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.
The world of the Credit Union is ever changing and this Credit Union is at the forefront of these changes over the last 50 with the introduction of IT and the internet allowing the members to complete certain processes online.
In January 2019 the credit union moved to state of the arch new premises continuing in the heart of the community to provide the necessary services required for our members
Want to find out more?
Telephone – 028 4175 3271
Email – firstname.lastname@example.org
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