Members of Newbridge Credit Union, who after nearly two years received a letter from the special manager this week, have been left more confused and anxious than ever, according to a local action group.
The letter sent by Luke Charleton to address the position of the struggling financial institution has been criticised for several reasons by the action group, including postage cost at an estimated at €30,000 and the simple detail, they claim, of an incorrect e-mail address for Mr Charleton.
“The e-mail address printed on the letter is wrong,” said NCU Action Group Chairman Willie Crowley.
“At a cost of €30,000, he sent out the letter with the wrong email address. It would be cheaper to talk to us. People have been arriving at the credit union this morning in tears. Some are worried that it is all over. Every single member got the letter, some households got six copies for each member, thats a lot of money in postage alone. We have a team of people up at the credit union to talk to members.”
The letter was sent with a full information pack for members and details on the proposed merger with Naas in December.
Mr Charleton states that if the merger with Naas goes ahead more detailed information on the financial position of Newbridge Credit Union prior to the combination will become available in due course.
He also advises members to contact him with direct queries or messages by e-mail or by post. The e-mail given is email@example.com, which when tested by the Leinster Leader today was receiving mail.
Meanwhile a rally is planned by the Newbridge Action Group for Saturday, August 31 at 12 noon meeting at St Patrick’s Church to march on the credit union. A concert will be held after the rally featuring Tammy Browne and ‘special surprise guests’.
- Paula Campbell