Welcome to the St.Michaels Credit Union Limited website.
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St. Michael’s Credit Union is a local, not for profit financial institution. We specialise in providing a great place for savings and loans in our community. Established in 1963, St. Michael’s Credit Union is proud of its heritage and continues to be governed by our members and voluntary Board of Directors.
Each credit union is an independent, ‘not-for-profit’ organisation that exists solely for the benefit of its members, not stock markets. Decisions are therefore made at a local level.
No matter how much you have saved, all members aged 16 or over, have equal voting rights on issues affecting their credit union.
We offer members the chance to have control over their own finances by making their own savings work for them. St. Michael’s Credit Union is owned by the members — the people who save and borrow with it — people like you.
When you become a member and start saving with St. Michael’s Credit Union you will have access to fair and reasonable rates on savings and loans.
Your savings contribute to your credit union’s loan fund. So your savings are helping other members. Members like you.
St. Michael’s Credit Union exists only to serve its members — not to profit for their needs. Surplus income generated is returned to members by way of a dividend and/or is directed to improved or additional services required by the members.
St. Michael’s Credit Union is non-sectarian and non-political, and continues that Irish tradition of co-operative self-help.
Why not become a member today – Call us or pop in for more information
Please click here to view our membership page.
On March 15th 1963, the Credit Union opened it’s doors at Ballinure with a membership of 14 and an intake of £4. The first Board of Directors consisted of George Thompson, Chairman Con Cambridge, Hon Sec. Julianne Hayes, Margaret Thompson, Con Collins, Tim Healy and Brendan Raleigh.
Manager Eileen Fitzgerald appointed in June 1972.
New office opened at Skehard Road in May 1972.
The big event of 1973 was the announcement by Cork Corporation in August of their proposed land at the eastern end of the parish. This posed a great challenge and the Credit Union responded by holding a special director’s meeting attended by the field officer (ILCU) to discuss how best it could serve the new development.
Appointment of second full time employee, Joan Hyde.
Third full time employee, Avril Dowling, is appointed.
Shares exceeded £1 million for the first time.
Present office in Skehard Road opened it’s doors for the first time.
Loans exceeded £1 million for the first time.
A computer committee was formed and in 1987, computerisation was introduced.
Sub office in Mahon Point opened it’s doors on the 27 March 2006.
The loan book at St. Michaels Credit Union exceeds €30m in 2007.
Manager Eileen Fitzgerald retires in June 2011.
Roland Haussmann appointed as manager of St. Michael's credit Union Ltd.
St. Michael's Credit Union celebrate their 50th Anniversary.
Download and read an extract from our Annual Report, 2003 for more about St Michaels Credit Union Ltd.
We hope you find useful information on this site. If you have a particular question, that is not answered here, e-mail us and we will do our best to help you.
Telephone: 021/ 435 7771 or 021/ 461 4884