Credit Union her­alds name change

The Kerryman (North Kerry) - - COM­MU­NITY NEWS -

TRALEE Credit Union’s 50th an­niver­sary cel­e­bra­tions con­tin­ued as it of­fi­cially changed its name to Cara Credit Union in Tralee, Castleis­land and Kil­lor­glin.

“Our name change is an his­tor­i­cal mile­stone and helps us achieve our vi­sion for con­tin­ued growth and strength to­gether,” said Cara Credit Union CEO Pa Laide.

“We started the name change process 15 months ago and Cara Credit Union was ap­proved by mem­bers at our AGM in De­cem­ber as we com­menced our 50th year,” he said.

“Tralee Credit Union was set up to serve the fi­nan­cial needs of our mem­bers in Tralee. Over the years our com­mon bond ex­tended into Castleis­land and Kil­lor­glin so our name was no longer in­clu­sive to all three of these im­por­tant towns and hin­ter­lands,” Mr. Laide con­tin­ued.

“Cara Credit Union gives Kil­lor­glin and Castleis­land their iden­tity back as each of­fice now has its town named over each of­fice.

“The land­scape of the Ir­ish Credit Union move­ment has also changed and merg­ers will con­tinue and in do­ing so will en­hance the long-term strength of the move­ment.

“Our new name, Cara Credit Union will no longer de­fine us ge­o­graph­i­cally and will also help fa­cil­i­tate our growth for fu­ture merg­ers.

“Cara means a friend in Ir­ish, it is part of our her­itage and cul­ture and is em­bed­ded in the credit union ethos and val­ues.

“Cara Credit Union will help us con­nect more with mem­bers and rekin­dle past friend­ships with in­ac­tive mem­bers.”

Cara Credit Union had plenty of cel­e­bra­tions through­out its three of­fices on Thurs­day with en­ter­tain­ment in each of­fice, plenty of cash prizes, and one lucky mem­ber Breda O’Cal­laghan from Tralee won a brand new Kia Stonic in the Cara Credit Union Mem­bers Car Draw.

Cara Credit Union is the fifth largest com­mu­nity-based credit union in Ire­land serv­ing the fi­nan­cial needs of its mem­bers through­out Tralee, Castleis­land and Kil­lor­glin.

It has over 43,000 mem­bers, €220mil­lion in as­sets, €185mil­lion in sav­ings and €74mil­lion out on loan.

Mem­ber­ship of Cara Credit Union is vol­un­tary and open to ev­ery­one who lives and works within Tralee, Castleis­land and the Kil­lor­glin ar­eas.

Fur­ther in­for­ma­tion on ser­vices can be re­ceived Cara Credit Union in Tralee, Castleis­land and Kil­lor­glin or visit the web­site: https://www.traleecu.ie

Pho­to­graph by John Reidy

Di­rec­tor John O’Con­nor with Siob­hán Don­nelly, Patrick Burke, Han­nah Maun­sell, Philip O’Con­nor, branch man­ager He­len Geary, Suzanne En­nis and Pa Laide, CEO.

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