| 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: |