The members of Blanchardstown and District Credit Union agree merger with Community Credit Union

The Members of Community Credit Union and Blanchardstown and District Credit Union have agreed a merger of the two credit unions to create a stronger and more efficient credit union to serve the combined membership across the wider catchment area. The combined Credit Union will have assets of over €280 million and over 70,000 members. All credit union offices will remain open for members. 

Chair of the Board of Blanchardstown and District Credit Union, Shane Maguire commented,

“I am confident that the decision to join forces with Community Credit Union is the right one and will allow us to continue to provide our best-in-class service to all of our members. Experiences of mergers have shown how members and local communities benefit through being part of a stronger, more efficient, more resilient Credit Union which can provide enhanced loan and saving facilities, and enhanced range of services across the local catchment area. Community Credit Union share our ethos and ambition to deliver modern financial services for members and this merger will provide a larger, wider, membership base for a stronger Credit Union which can better serve our combined membership, focused on our members, in the Credit Union way” 

Speaking about the move, Chair of the Board of Community Credit Union, Patrick Kelly said, “This combination is an extremely positive move for members of our credit unions. It makes perfect sense not only from a financial and member service perspective but also an administrative one in the current regulatory environment.” Blanchardstown and District Credit Union is an ideal fit for Community Credit Union.  

  Members’ savings and loan accounts will be unaffected by the transfer. Members in both credit unions will see no change in the day-to-day operations of the credit union. There is now a 21-day representation period, after which it is envisaged that the two credit unions will become one strong credit union. In the meantime, it will be business as usual for both credit unions. 

« Section 130 Pack – Community Credit Union & Blanchardstown & District Credit Union