'A new chapter begins' - Credit Unions in Donegal complete merger
The Central Bank of Ireland and the Irish League of Credit Unions were in favour of the merger, and the Board of Letterkenny Credit Union passed a resolution to accept the transfer of engagements from Swilly Mulroy Credit Union last month
Letterkenny Credit Union and Swilly Mulroy Credit Union have completed their merger.
Swilly Mulroy Credit Union Limited transferred its assets and liabilities to Letterkenny Credit Union Limited.
“We are delighted to officially announce the opening of Letterkenny Credit Union, following the successful merger with Swilly Mulroy Credit Union,” Letterkenny Credit Union posted. “This marks an exciting milestone for our members and community.
“This achievement would not have been possible without the dedication, commitment, and teamwork shown throughout the entire journey. A heartfelt thank you to all our staff who worked tirelessly behind the scenes to get us to this stage.
“We would also like to extend our sincere thanks to the Wellington IT and nostra.ie teams for their exceptional work on the systems integration and for providing consistent, expert support every step of the way. Your guidance and responsiveness played a crucial role in ensuring a smooth and successful transition.”
The Central Bank of Ireland and the Irish League of Credit Unions were in favour of the merger, and the Board of Letterkenny Credit Union passed a resolution to accept the transfer of engagements from Swilly Mulroy Credit Union last month.