ONE of the north’s biggest credit unions, Clonard CU, opened its sixth branch.
It is located in the office of the former Holywood Credit Union at Church View in the town centre.
All staff of the Holywood Credit Union have now become employees of CCU Credit Union, and a number of new jobs are being created.
Ruth Clarke, chief executive of CCU Credit Union, which now has more than 22,000 members, said: “This opening is a statement of our popularity and our continued growth, and is a positive development in the midst of the severe economic downturn caused by the Covid-19 pandemic.
“Our aims are to promote thrift among members by the accumulation of their savings and provide loans for the benefit of members at a fair and reasonable rate of interest.
“In the last financial year we issued loans totalling £11,264,592 to our members across the community, and we look forward to serving the people of Holywood and the surrounding area for many years to come.”
The official opening was carried out by Ards and North Down Council mayor Trevor Cummings.
MLA Rachel Woods and Councillor Martin McRandal were also in attendance along with CCU business development officer John McGuinness.
