Wednesday 24 July 2019

A golden year for Ardee Credit Union


IT'S BIGGER, it's better and still a success story after 50 golden years.

Ardee Credit Union is in celebration mood at the moment, with a series of events taking place to mark half a century in business.

Serving the local communities of Ardee, Drumconrath, Lobinstown and Tallanstown, the credit union has remained a constant support for so many down the years.

Martin Whately, current Treasurer of Ardee Credit Union and son of William Whately, founding Treasurer, said the milestone is significant 'not only as a success story of longevity but as a tribute to the ideal of voluntary work in the service of the local community and the dedication of those who initiated the Credit Union movement in the area and to those who maintained that continuity down through the years.'

The first number of years involved much voluntary effort with manual recording of all transactions and accounting by the early volunteers as well as educating and promoting the credit union in the community. The Credit Union continued to go from strength to strength and moved to the present premises at Market Street in 2004.

They currently have some 12,937 active members with savings in excess of €61 million. From 1988 to the present date they have loaned almost €217 million to members clearly demonstrating the confidence in the organisation.

As part of the celebrations an evening was held at Ardee Credit Union attended by Fr. William Murtagh C.C., Honorary President, past and present volunteers and present staff. Presentations were made to Founding Members Fr. Murtagh C.C., Kevin Keenan, who were present and family representatives of deceased Founding Members. A Members Day and Family Day were also held.

'Ardee Credit Union was founded at a time of recession and we are now again in a time when every community needs a strong credit union to help them through the current recession. The Board, Management and Staff of Ardee Credit Union will strive to serve our members over the coming years and continue to build on the success that we have enjoyed in the past,' added Pat Black, chairman.