British Credit Union Historical Society

A B C Credit Union Ltd

In March 1968 fourteen people got together and founded A-B-C Credit Union. Those original members contributed 2 shillings and 6 pence, the equivalent of 12p today. In April of that year, with a share balance of just £19.00, A-B-C Credit Union Ltd opened its books for membership. It was also in April 1968 the credit union became affiliated to the Irish League. Those early years were difficult ones. The original founder members struggled against a backdrop of social deprivation and unemployment to build a solid foundation that would last. What they had created has stood the test of time and a debt of gratitude is owed to those founder members for the benefits enjoyed today. Big changes saw the credit union come under the Financial Conduct authority in 2012.

491-495 Crumlin Rd, Belfast BT14 7GA

Banbridge Credit Union Ltd

A discussion Group met regularly in St. Patrick’s Hall, to discuss about Credit Unions that were already up and running in neighbouring towns like Armagh, Newry and Lurgan. The discussion group invited Jack O’Hare the President of Armagh Credit Union to speak at a meeting in March1969 and from that meeting a working group was established to study the feasibility of setting up and running a Credit Union in Banbridge, bearing in mind that there would be no paid staff and that all the work would be done by volunteers.On the 24th May 1969 a public meeting was held and it was agreed unanimously that a Credit Union be formed. Election to the Board of Directors was by secret ballot and the first board of directors were elected.The Credit Union opened for business in June 1969. Banbridge Credit Union grew new premises were acquired and with continued expansion over the years offices were subsequently acquired in different locations. With continued growth it was decided to purchase a green field site and build premises fit for purpose which will hopefully serve Credit union members for generations to come.

Ballinascreen Credit Union Ltd.

Ballinascreen Credit Union is a local, not for profit financial institution based in Draperstown. Established in 1968, Ballinascreen Credit Union Limited has successfully provided its members with a source of low cost credit and other financial services over the past 50 years.

The Credit Union was first mentioned in late 1967 in Ballinascreen.  The Parish Priest at that time, the late Fr. Michael Collins saw Credit Union as fulfilling a social need, and providing credit with dignity, besides other unmeasurable benefits.  In January, he called a meeting to form a study group to promote credit union in the parish.  Following lengthy discussions and research, a committee was formed to organise a Credit Union. The inaugural meeting was held on February 19th 1968 and was addressed by Mr John Hume, the then President of the Irish League of Credit Unions.

 The mission statement of Ballinascreen Credit Union is "to help people by providing them with quality financial services in a friendly, professional manner on a not-for-profit basis, so as to improve their overall wellbeing and that of the whole community". 

2016 AGM 

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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.

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

23.11 | 16:41
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