Business

New Clonard credit union Park Centre branch brings 10 new jobs

Customer Jamie Hughes pictured with CCU staff members Carmel Reynolds and Gina Reilly. Photos: Jonathan Porter/PressEye

CLONARD Credit Union (CCU), one of the biggest credit unions in Belfast, has opened a new branch in the Park Centre, creating 10 jobs.

It is based opposite where the new 40,000 sq ft B&M and Home Bargains superstores are located (B&M is due to open on September 5), and is expected to add to the centre's current footfall.

CCU chief executive Ruth Clarke said: "This new facility will serve the communities of south and west Belfast.

"We have three other branches in Belfast, and opening a fourth is a statement of our popularity and our growth among people who want to save and who want to access loans with a low interest rate and take advantage of our full range of banking services."

She said the new Park Centre branch is open not just for existing members but for new members.

"CCU is a not-for-profit financial co-operative owned and operated by our members. Our purpose is to help our members with their day to day financial needs through regular savings and fair and affordable access to loans.

"Our aims are to promote thrift among members by the accumulation of their savings and provide loans for the benefit of members at a fair and reasonable rate of interest."

There are more than 530 credit unions in Ireland, with over two million members and many thousands employed in the sector.

Park Centre manager Ruth Lindsay said: "We are delighted that CCU Credit Union has now opened a branch here. It provides a fantastic service and, along with the upcoming arrival of Home Bargains and B&M, will significantly increase footfall in the centre."

She confirmed that discussions were ongoing with other brand names and she looked forward to announcing further new retailers at the Park Centre.

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