Business

Clonard Credit Union opens sixth branch after Holywood expansion

CCU chairperson Brian McCrory, staff member Patricia English and chief executive Ruth Clarke announcing details of a new branch at Church View in Holywood
CCU chairperson Brian McCrory, staff member Patricia English and chief executive Ruth Clarke announcing details of a new branch at Church View in Holywood CCU chairperson Brian McCrory, staff member Patricia English and chief executive Ruth Clarke announcing details of a new branch at Church View in Holywood

CLONARD Credit Union (CCU) has opened a sixth branch, located in the office of the former Holywood Credit Union at Church View in the town, which will open to the public on March 11.

Originally set up at the end of 1964, conducting its business first in Waterville Hall and later at premises on the corner of Kashmir Road and Clonard Gardens, CCU has grown to have offices at the Twin Spires, Springfield Road and Park Centre in west Belfast, as well as a branch in Bangor.

All members of the former Holywood Credit Union will automatically transfer and become affiliated to CCU, which now serves more than 22,000 members.

CCU chief executive Ruth Clarke said: "We're delighted to be opening this new branch at Church View, which will serve the people of Holywood and the surrounding area.

“Opening our new sixth branch is a statement of our popularity and continued growth among people who want to save, and access loans with a very low interest rate and take advantage of our full range of banking services, including our own CCU debit card.

“We are always member-focused and embedded in the communities we serve. CCU provides a full banking service to our membership.

“Our premises in Church View, with improved opening hours, will ensure a personal service if our members prefer to conduct business face to face.”

She added: “Our mobile banking app connects members to their CCU savings, loans and current account and allows the transfer or withdrawal of money or make payments.

“We are the first credit union in the north to offer this full banking service to our members.ugh regular savings and fair and affordable access to loans, together with a full range of banking services.”

In the last financial year CCU issued loans totalling £11,264,592 to its membership.