Fingal to get a new credit union

Published 24/12/2013 | 05:32

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FINGAL is to get a new credit union after it was announced that Balbriggan, Skerries and Donabate credit unions are to merge.

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The three institutions believe the new arrangement will provide a better and more streamlined service for their customers and will have assets of the order of €70 million.

It is part of a nationwide trend in merging smaller credit unions into larger institutions and this is the first in what is expected to be a long line of similar deals.

The new credit union formed by the merger is to be named the Progressive Credit Union.

Fingal Independent

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