independent

Tuesday 13 November 2018

Carnew Credit Union transfers over to Altura

Sara Gahan

Altura Credit Union has expanded yet again, taking in county Wicklow's Carnew Credit Union Ltd under its wing.

As of Sunday (September 30), Carnew Credit Union will operate under Gorey based Altura Credit Union Ltd. This comes after a period of consultation and cooperation between the two businesses, resulting in a strong alliance.

With Altura's common bond area now stretching from south Bray all the way down past Curracloe, the transfer will ensure Carnew continues to have a local credit union office into the near future. Members of the former Carnew Credit Union will have access to all the facilities, products and services Altura has to offer.

Tom Brennan of Altura Credit Union said the coming together of the two credit unions will result in a stronger, more vibrant credit union going forward with over 30,000 members. The former Carnew Credit Union building will remain open to customers in the area.

'Now with four branches and an information centre in county Wicklow supported by head office in Gorey, Carnew's neighbouring vibrant town, it is the natural fit,' added Mr Brennan.

In 2015, a successful transfer of engagements with Avonmore Credit Union Ltd saw Gorey take on three branches in county Wicklow. In 2016, a motion was passed to expand the common bond area to a 10 mile radius of Avoca, Gorey, Kilmuckridge, Laragh, Rathdrum and Roundwood, effectively doubling the area in county Wicklow and south of Kilmuckridge. Last year, the motion was passed to change the name of Gorey Credit Union to Altura Credit Union. This was key part to the future success of the credit union.

Members of Carnew Credit Union will be issued with new member numbers and will see a few new faces in the branch during the training period, however, all Carnew staff will return to work in the branch to serve the customers they know so well.

The Board of Directors of Altura Credit Union Ltd would like to thank the Board of Directors committee members, management, staff and volunteers of Carnew Credit Union Ltd, past and present, for their diligent work over the years.

Mr Brennan said Carnew Credit Union has grown and developed over the years to become an important piece of the fabric of Carnew and as a branch of Altura Credit Union this will continue into the future.

Gorey Guardian

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