About Us

Ballina Credit Union now holds assets exceeding €100 million and has a membership of over 17,000. With a dedicated team, the credit union stands out as a highly respected financial service provider within the community.

Originally founded in 1968, Ballina Credit Union has been serving its members in a professional and efficient manner for over 55 years. The first official meeting of Ballina Credit Union was held in the Town Hall on the 19th January 1968 and attended by approximately fifty people. By 30th September of that year the total assets of the credit union amounted to £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 premise 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 £5m (€6.35m) and a staff of four, the move was made to the purpose-built premises on ORahilly Street that we now call home.

Board of Directors

Ballina Credit Union functions under the governance of a voluntary Board of Directors elected by the Members at the Annual General Meeting. These Directors meet regularly to formulate policies, strategize for the Credit Union’s future growth, and oversee its operational and financial facets.

The Board Oversight Committee

The Board Oversight Committee, appointed by the members during the Annual General Meeting, ensures the Board of Directors’ compliance with relevant regulations.

Meeting on a regular basis, the Committee upholds regulatory standards and can be contacted at ( supervisors@ballinacu.ie ).

Staff & Volunteers

The day-to-day management and administration of Ballina Credit Union is carried out by paid staff. However, like other Credit Unions, Ballina Credit Union relies on local volunteers who are elected annually at the Annual General Meeting.

The Board of Directors and all subcommittees at Ballina Credit Union consist of volunteers who generously contribute their time, skills, and expertise to uphold the institution’s esteemed reputation and integrity within the local community and among other Credit Unions.