Tralee Credit Union Assets Pass €200m Mark

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Tralee Credit Union

Tralee Credit Union.

AS Tralee Credit Union celebrates  International Credit Union Day, they can also celebrate a very special milestone this week.

They have reached a landmark €200 million in assets. This milestone in their development confirms Tralee Credit Union’s position as one of the largest community based credit unions in the country.

“Assets worth €200 Million is a significant achievement for Tralee Credit Union,” said CEO, Fintan Ryan. “It’s all down to members loyalty and support, it underlines the trust our members have in their credit union to manage their affairs with confidence and provides security into the future.”

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“€200 million is a far cry from our humble beginnings of £50 when we opened in 1968, today we have 42,000 members, with branch offices in Tralee, Castleisland and Killorglin employing over 50 staff within the community. It’s been a very good year for Tralee Credit Union so it’s actually treble celebrations, we have just completed our year end last month and this year over 9,000 members borrowed over €34 million from Tralee Credit Union representing our largest amount ever lent out in a financial year.”

“€34 million reflects the increase in consumer confidence, an increase in people borrowing with Tralee Credit Union and the increase in what we contribute to the local economy as most of €34 million we lent is spent locally helping to sustain growth and employment,” he said.

Tralee Credit Union are also accepting donations to their Syria Account Appeal with MSF Ireland for more details call in or visit their website

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