The first official meeting of Ballina Credit Union was held in the Town Hall on the 19th January 1968 attended by approximately fifty people. By 30th September of that year the total assets of the credit union amounted to IR£68 (just less than €100)!Business was initially conducted from a sweet shop in the Savoy cinema (where Shaws Department Store is now located) and from there a premises was acquired in Barrett Street. The credit union continued to grow and necessitated a move to Bridge Street. As the popularity of the credit union increased, and with membership at 6,500,total assets of some IR£5m (€6.35m) and a staff of four, the move was made to the purpose built premises on O’Rahilly Street that we now call home.
Since that move to O’Rahilly Street in 1997 the foresight of the then board of directors in building the size of premises has been vindicated as membership has grown to exceed 15,000, total assets are c. €56m and the full time professional staff has grown to nine.