Fingal to get a new credit union
Published 24/12/2013 | 05:32
FINGAL is to get a new credit union after it was announced that Balbriggan, Skerries and Donabate credit unions are to merge.
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.