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About Us

Ballyfermot Credit Union is based in the Dublin 10 area, and we provide a wide range of services to our members.

The modern Credit Union movement traces its origins to Germany and to Friedrich Willhelm Raiffeisen, the Mayor of a small town in southern Germany, who in 1849 formed societies, which later evolved in to Credit Unions. The purposes of these Credit Unions was to enable people to help themselves in relieving debt and poverty.

The Credit Union movement was introduced into Ireland in 1958 by Nora Herilhy with the support of a number of other dedicated pioneers. Since then, the Credit Union philosophy of mutual self-help has proved very popular, and there are now over 530 Credit Unions affiliated to the Irish League of Credit Unions throughout the country. In Ireland over two million members have recognised the value of credit unions, and have savings approaching ¾ 5.7 billion with their credit unions. There are over 12,000 active volunteers involved in the movement, and over 2,000 people are employed (estimated figures at December 2000)

For more information about our staff, and our aims, click on one of the links below:


 




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