Luck of the draw! New car for one lucky B&S Credit Union member

first_imgB&S Credit Union Members Car Draw saw one lucky winner receive the keys to a brand new 192 Ford Focus.The excitement within B&S Credit Union was electric as John Breslin announced live on Highland Radio, Thursday 19th July the winner of this amazing prize, the lucky winner was a very shocked B&S Credit Union member of staff, Joan Lynch.Eleven other lucky members also received cash prizes including: €2500 Margaret Gallagher – McCarron, Raphoe€2000 Sean Bradley, Castlefinn€2000 Margaret Brogan, Stranorlar€1000 Barry Dowds, Corefrin€1000 Marian McGranaghan, Sessiaghoneill€1000 Eunan Laverty, Drumboe, Stranorlar€500 Fiona Tunney, Letterkenny€500 Stephen Patton, Ballybofey€500 Kelvin Lynch, Ballybofey€500 Kathleen McNulty, StranorlarB&S Credit Union CEO Kevin Morahan thanked the wonderful staff who work extremely hard in B&S Credit Union to provide a friendly and efficient service to members.In recognition of the 50th Celebration, Kevin had a special thanks to all former and current Directors and volunteers who have in the past and also in the present, continue to work effortlessly for the credit union.There has been a number of changes within B&S Credit Union within the past 50 years. Since that excellent voluntary work of the first Board, B&S Credit Union has continued to flourish over five decades and has created a community financial co-operative which serves almost 13,500 members in its common bond with an asset size over €60million. B&S Credit Union has experienced two changes of currency, and premises, since its inception, moving into the current premises on Main Street Ballybofey in 1999.The premises were extensively renovated in 2017 and are now a secure, confidential and comfortable premise for both members and staff.B&S Credit Union have a voluntary Board of Directors and a board oversight committee who direct and oversee the running of the Credit Union.B&S Credit Union currently employs 20 staff, 8 full time and 12 who work part-time, and they also have a pool of volunteers who serve on various committees.At the start, it was people who put their savings together and who worked voluntarily to manage their monies and create a lending pool. That was back in the 60s. Credit Union communities have grown rapidly, and they are now recognised as financial institutions where people save monies and borrow on a par with banks, albeit on a smaller scale.B&S Credit Union have not been approved for mortgage lending yet but they are actively engaged in personal lending for a multitude of purposes.B&S Credit union are still open to new members who live or work in their ‘common bond’ area which covers a geographical area from Glenfin/Cloghan to Convoy to Castlefin to Killygordan to Drumkeen and up into Barnes Mor.They try to keep the lending process as simple as possible but have to also satisfy regulatory requirements from the Central Bank. Loans range from a few hundred euros up to 50,000 – people borrow for Cars, Holidays, Home renovations, Education and so on.Assistant Manager, Breege Duffy thanked everyone who helped make the event so successful “a special thanks to Shane Connolly cars for supplying the lovely car Finally and most importantly a huge thanks to all our loyal members who make the Credit Union what it is.”Members Car draw was the start of their 50th Celebrations events, other events scheduled to take place include; Vintage Tea Party on Friday 19th from 12noon -3 pm in Marquee B&S Carpark, Family Fun Day on Saturday from 10 am -2 pm and Celebration Event which will take place in Jackson’s Hotel. For more information visit www.bandscu.ieLuck of the draw! New car for one lucky B&S Credit Union member was last modified: August 16th, 2019 by Shaun KeenanShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img

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