Castletownbere celebrates the opening of its new credit union

July 4th, 2018 10:05 PM

By Southern Star Team

Guests at Castletownbere Credit Union opening.

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A NEW credit union office was officially opened in Castletownbere last Thursday June 21st, when John Colbert, chairman of the Credit Union Cork Chapter XI cut the ribbon.  

Located in a newly renovated premises on main street in the centre of the town, Finbarr O’Shea, manager of Bantry Credit Union described it as a great day for the area. 

‘This is a purpose built premises and we are now proud to continue our service for both our current members and the next generation of members on the
 Beara Peninsula.’ Finbarr explained how the Credit Union had previously rented a premises in the town but were now keen to show their commitment to the area with a more permanent home. ‘We were renting a premises for the Credit Union for a number of years, but we felt it was important that we establish a permanent home on the peninsula in a building that was fit for purpose.’ 

The Credit Union purchased the building which was the former home of the Shell craft and book shop owned by Gertie and the late John Finbarr, O’Sullivan.

The building was completely remodelled with a new extension constructed at the rear of the premises, which has doubled the square footage of the property.  The bright counter area is located at street level, with a number of offices located on the upper floors. 

John Colbert, chairman of the Cork Chapter said: ‘A number of credit unions have gone through a challenging time in recent years, so it is nice to see a success story as we have here in Castletownbere, and to see people having hope again.  he Credit Union has always prided itself for its personal services, and knowing its members. This new premises confirms that we are here for the long term for all our members on the Beara Peninsula.’

The new Credit Union office will be open Tuesday, Thursday and Friday from 10am to 2pm and from 3pm to 5pm.However, Finbarr stressed that could expand.

‘We would definitely look to opening more days as the business grows, and the office gets busier.’

Beara Credit Union currently has around 1,700 members .

The purpose-built office  was finished well ahead of schedule for its recent opening.

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