Transfer of Engagements8 March, 2022
We are delighted to inform you that the Board of Directors of First South Credit Union has agreed to accept a Transfer of Engagements from Ballinlough Credit Union. The conclusion of the Transfer of Engagements is subject to the approval of the Central Bank of Ireland, after which all Members of the combined Credit Union can use any one of five locations – Ballinlough, South Mall, Ballyphehane, Dillon’s Cross and Kinsale. Our Admin Centre is based in Turners Cross. We believe that continuing to grow through strategic mergers will help our Credit Union build a strong platform for future growth.
The Members of Ballinlough Credit Union are a very welcome addition to the growing ‘First South’ community.
The Transfer of Engagements process will take a few weeks to complete and is subject to the approval of the Central Bank of Ireland.
Click here to view the ‘Terms of the Transfer of Engagements’ for each Credit Union.