Edenderry Credit Union votes in favour of another merger
The SGM of Croí Laighean Credit Union has voted in favour of a second merger in two years.
The main item on the agenda was the passing of a Special Resolution to allow the Transfer of Engagements of Leixlip & District Credit Union into Croí Laighean Credit Union. The members voted overwhelmingly in favour of the proposed merger.
Croi Laighern was formed when Edenderry joined forces with Coill Dubh, Clane, Carbury, Allenwood, Prosperous and Robertstown Credit Unions.
On Thursday night, March 8 in Clane, Martin Moloney, vice-chairman of the Board of Directors commented, "On behalf of the Board of Directors and the staff, we would like to thank the members who have supported our recommendation to merge with our neighbours, Leixlip & District Credit Union."
"I am very proud of what Croí Laighean Credit Union has achieved over the last year alone and I have every confidence that this new chapter will bring many rewards to all involved," he added.
Meanwhile, Members of Leixlip & District Credit Union held their own SGM in The Springfield Hotel, Leixlip to vote on the Transfer of Engagements of Leixlip & District into Croí Laighean Credit Union. They too voted in favour of the merger.
Robert Clarke, Chairman of the Board of Directors said, "Thank you very much for supporting our recommendation to merge with Croí Laighean Credit Union. This union will not only protect our members' interests in a changing environment but will allow us to grow and develop our services while continuing to support and invest in our community."