Services
Banner
Loan Calculator
Loan Calculator
Regulation 53

Under the European Communities(Payment Services) Regulations 2009-Regulation 53

Regulation 53 set out the information, terms and conditions under which the Credit Union must abide by in the operation of members’ accounts

For more information, click icon here

About Us History

History

Enniscorthy credit Union Limited was founded following a public meeting held in Bennetts Hotel, Enniscorthy, on Monday 13th April 1964. The following comprised the first Board of Directors: John L. Kickham (Chairman), Aidan O’Leary (Hon. Treasurer/Secretary), Mrs. T. J. Conlon, Louis Kerr, Michael Treacy, Paul Murphy, Patrick McGill, Charles Cullen, Patrick Farrell, Denis O’Connor and Thomas Kelly.  Mrs. M. Murray, Messrs. Timothy Counihan and William Roche were appointed as Credit Committee and Messrs. James J. O’Leary, William Hastings Brown and Patrick Bourke were named as Supervisors. THE ATHENAEUM

The Directors decided to provide credit union facilities on Friday Nights between 7.30 p.m. and 8.30 p.m., accommodation being provided by the Governing Body of the Athenaeum.

The Credit Union used the Athenaeum accommodation until the 1st November, 1968 when it moved across the street to rooms let by Mr. P. Bourke, Castle Street. Friday night opening still applied with directors and other committee members acting as tellers.

In December 1970, the directors decided to advertise for a full-time employee and on the 11th January, 1971, Mr Seamus Comerford was appointed to the position. The credit union was now open to the public on 4 days in the week.

Almost from the time of its inception, the directors harboured the ambition of purchasing a premises for credit union use.   In April 1972 they acquired No1 Market Square, which was officially opened in October 1973 by President Erskine Childers.  

In 1972 a second member of staff was employed and this coincided with the purchase of an accounting machine which was the first sign of technology and computers in the credit union.

From 1972, when the first piece of technology was purchased until 1981 much progress was made in developing the credit union especially from a technological viewpoint.  Then in 1981 the pinnacle of development occurred when the credit union invested in some of the most modern computer equipment available which enabled the members to receive an up to date balance on their account each time they carried out a transaction.

In 1994, thirty years after the initial meeting was held to establish a credit union in the town the membership had grown to a staggering nine thousand five hundred who had a combined savings of €6,844,681 and had loans to the value of €5,298,791.  By now the credit union had become one of the great success stories of the community and had out grown its premises in the Market Square. 

Following the Christmas break of 1994 Enniscorthy Credit union Ltd., opened its doors to a brand new purposely built building in Abbey Square, where it is currently located. 

Early in 2010 another chapter began in the life of Enniscorthy Credit Union, when proceedings began in order to carry out a transfer of engagements of Ballymurn Credit Union to Enniscorthy Credit Union.  The transfer of engagements took many months of meetings and discussions and was completed by the end of September 2010. Following the amalgamation the total membership of Enniscorthy Credit Union now stands at over 26,000 members with an asset size of almost €145 million. The original premises used by Ballymurn Credit Union in Ballymurn Village now acts as a sub office and provides all the servises provided by our main office at Abbey Square.

 
Enniscorthy Credit Union Limited is regulated by the Central Bank of Ireland and affiliated to the Irish League of Credit Unions