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Balscadden NS Credit Union
Raffle 2009
Balscadden NS Credit Union held a raffle
on 12th February, 2009 for members only. All members were automatically
entered into the prize draw.
Prize: Portable DVD Player
Winner: Andrew C
Balscadden Parents Association in conjunction with Balbriggan Credit
Union and Balscadden National School have launched a new School Credit
union.
The Credit Union will be run by 6th class pupils with the
supervision from the Parents Association.
The Credit Union is open for lodgement every Friday in the school
with a maximum lodgement of €5.
All queries to the Parents' Association
BALBRIGGAN CREDIT UNION
40 YEARS IN SERVICE
Balbriggan Credit Union celebrates 40
years in business in July 2007. The credit union was set up in 1967
to help members to save on a
regular basis, to make credit available at a fair and reasonable rate of
interest and promote the welfare of their communities. The credit unions
motto is “Not for Profit.
Ten years later in 1977 the Credit Union
was ten years old and had 1054 members. The total Savings were £147,000
and there was £143,000 out on loan.
In March 1984 the first computer
system was inaugurated. In August
1990 the Credit Union moved to the converted Dr. Ryans house in Dublin
Street. While it had taken twenty
years to reach £1m in Savings, it took less than five more to reach £2m.
In 1992 the Credit Union
celebrated its twenty-fifth birthday. The 4,200 members had Savings of
£2.19m and Loans of £1.97m. As the 90’s progressed, the Credit Union
continued to grow and offer new services to its members, such as Deposit
Accounts, Home Insurance, Car Insurance, Bureau de Change, Travel
Insurance, etc.
Today
Balbriggan Credit Union has over 13000 members with shares over €30m and
loans in excess of €24m. There are currently four school credit unions
in operation one of which is Balscadden. For a full and more
comprehensive history of Balbriggan credit union and a list of all our
services visit our web site at
www.balbriggancredtunion.ie

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