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Tel: 026 41689 Fax: 026 42697
The Credit Union “Mission Statement”
The Mission of the Credit Union is to promote the financial well being of its members. To achieve this purpose the Credit Union is committed to providing a broad range of innovative financial products supported by the excellent service of a dedicated, well-staff. These programs will be administered in accordance with sound management practices to maintain the financial strength of the Credit union. The Board of Directors, Management and Staff of the Credit Union hereby affirm that the efforts of the Credit Union will be consistently and professionally dedicated to the accomplishment of this mission....
The Credit Union Story
The modern Credit Union movement traces its origins to Germany and to Friedrich Willhelm Raiffeisen, the Mayor of a small town in southern Germany, who in 1849 formed societies, which later evolved in to Credit Unions. The purposes of these Credit Unions was to enable people to help themselves in relieving debt and poverty.
The Credit Union movement was introduced into Ireland in 1958 by Nora Herilhy with the support of a number of other dedicated pioneers.
Macroom Credit Union's roots began on 1st Sept 1969 with a public meeting held in the old Castle Ballroom to discuss the possibility of forming a credit union, and opened for business in 1970 for 1 night per week. It wasn't until 1979 that opening hours extended to 2 days per week. 46 years later and Macroom Credit Union is is in full flow, with over 8,500 members and providing €8.5M in loans for the local community. 24-7 access is available through our website and mobile app, with the office in Macroom open 5 days and our sub-office in Coachford open on Thursday evening.