British Credit Union Historical Society

Dungannon Credit Union Limited
Was founded in 1964. Initial steps for starting the CU in Dungannon were made by Rev Francis Mac Larnon then Principal of St Patrick's Secondary School. He was aware that many of the people in the area were experiencing financial hardship.

The first committee: Rev F.McLarnon D.D (President), Patricia McCluskey , Michael McGrath (Treasurer), Dermot Fox (Secretary), James Kelly, Patrick Fox, Harry McGuuigan, Thomas McCall, Patrick McCooey, Donagh Begley.

First Supervisors: Kathleen O'Brien, Patrick Keenan, Peter Wright

First meetings in St Patrick's Hall; then premises rented in Anne St.

1965 Premises rented in Irish Street.

1966 Michael McGrath attended the first seminar run by the CU for directors. 5days in Gormanstown Co Meath. John Hume was National President at the time.

1970 Purchased our own premises in Irish Street for £12,000.

1994 Opened our present office in William Street.

The Credit Union has its own modern well-equipped premises in William Street with over 8,000 members, over £15.9 million in savings and over £5.9 million out in loans. Our minors (under sixteen years of age) have almost £800,000 in savings.

In forty years members have borrowed and repaid over £40 million. Members have received almost £2.5 million in dividends. Members have received over £0.5 million in interest rebate (only started in 1999).

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Loans Issued

Net Assets






















Over 6000

Over £10 million

Over £7 million

Over £11 million

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Latest comments

18.08 | 14:55

I am very proud to be a part of the credit union and the ethos of people helping people.

Congratulations to No1 CopperPot.

27.08 | 20:58

very very best knowledge toture and lovely group, geting a knowledge and share a experiance from all member of DE2015. what a lovely group?

14.07 | 04:57

A very inspiring and educational experience. It awaken my interest to serve the community.

01.07 | 13:06

As schools Development Worker for Unify Credit Union, I found the schools project resources very useful.... some really good ideas, Thank you x

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