LORDSHIP CREDIT UNION VOTES TO TRANSFER TO DUNDALK CREDIT UNION, MARKET STREET
At the AGM of Lordship Credit Union, members voted overwhelmingly to approve a Transfer of Engagements to Dundalk Credit Union, with the transfer to take effect in early 2019.
The Chairman of Lordship Credit Union Mr Pat Bellew, told the AGM “this gives us the opportunity to ensure that the members of Lordship Credit Union will have to have access to a wider range of savings and loan services at very competitive rates, significantly enhanced opening hours, access to larger loans, including mortgages and commercial loans, and access to online account management.”
After the overwhelmingly positive vote at the Lordship AGM Mr Bellew said “he was delighted that their members would be joining one of Ireland’s largest and most progressive Credit Unions and one which very much had an emphasis on people and the community at its core.”
The Chairman of Dundalk Credit Union, Mr Paddy Donnelly said “This is a very positive and exciting move for members of both Dundalk and Lordship Credit Unions, and underlines our shared commitment and vision of community, members and service.”
At a packed Dundalk Credit Union AGM held in the Tain Theatre on Tuesday night last, Billy Doyle, CEO, up-dated members that 2018 had been a very positive year for Dundalk Credit Union with significant growth in new lending and new members allowing the Board to recommend the return of almost €1.2m back to members in the form of a year-end dividend and loan interest rebate.
At a meeting of the Board of Directors of Dundalk Credit Union held immediately after the AGM Mr Paddy Donnelly was re-elected as Chairman of the Board of Directors, Mr Frankie Watters was elected as Secretary with Ms Bernadette Farrell appointed Vice-Chair.