In 1965, as word filtered throughout Ireland of the work being done in Dublin, Donegal Town Development called a public meeting in the Court House in Donegal Town with the hopes of starting a Credit Union. Following two years of negotiation and training, a newly elected Board of Directors started the Credit Union in September 1967, opening one evening a week. Following on 1968, they moved up the street to the old cinema (current Ulster Bank location) and opened after 11am Mass on Sundays. Continual growth seen the opening times expand to 3 nights a week, bearing in mind this was all managed by volunteers. In 1969, the first employee was engaged and the Board of Directors continued on with their plans to own a plot of land – several locations have since been sourced and used until we found our present home at Miller’s Hill.
Due to ongoing success, the Credit Union had outgrown its’ building on Tirchonaill Street and it was decided to customise a purpose building for use at Miller’s Hill. One year after ‘turning the sod’ on October 19th 2015, the doors of the state-of-the-art contemporary building opened its doors for business.
Over the next weeks, we will look benefits of becoming a Member and also at GDPR (General Data Protection Regulation coming into effect May 25th) and what it means for you the Member?
Money Fact of the week: Talks of the introduction of the Euro currency started in the ‘60’s.