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Killarney Credit Union continues to serve the community

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Killarney Credit Union.

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KILLARNEY CREDIT UNION has €45 million available to lend in 2017 and has in the past year provided €13.1 million in loans in the local community.

These and many more figures emerged as Killarney Credit Union held its annual general meeting in December. The event, in The Gleneagle Hotel, Killarney, heard how the credit union is now serving the needs of 25,000 members.

In existence since 1970, Killarney Credit Union has seen strong growth in the past 12 months. Mark Murphy, CEO of Killarney Credit Union, said: “The assets at the credit union now stand at a very healthy €105 million. In the past year, we facilitated the people of Killarney and Kenmare with over 2,500 individual loans to a value of €13.1 million.”

With the initial signs of economic recovery in the local economy, members’ confidence has seen a saving increase of 8% bringing total savings in the credit union to €91 million. Due to this increase, in July 2016, the Board of Killarney Credit Union took the hard decision to limit savings to €50,000 per member. This decision affected less than 1% of the membership of the credit union and is being monitored on an ongoing basis.

The credit union declared a dividend of .25% on shares held in the credit union. The credit union introduced a new IT system in October which allows for greater functionality and this includes online banking and mobile apps for members. It also introduced a range of new loan products including home, business, and bridging finance during the year.

“There is strong demand for the development of new products and services such as electronic payments, direct debits, debit cards, insurance cover and new loan rates. We are continually reviewing our product and service offering for members to meet their needs. Our home and business loan products are proving popular with members since their introduction this year,” added Mr Murphy.

The credit union has been heavily involved in sponsorship of local clubs, societies and charities in the past 12 months with over 50 groups receiving €20,000 in sponsorship. The credit union has an ethos of supporting local initiatives.

Pat Delaney, chairman of Killarney Credit Union, added: “We are proud of the role we continue to play in being more than a financial institution but a valuable resource to the South Kerry community and its people. Even though the initial signs of economic recovery are clear, it is only right that every credit union continues to make responsible and prudent decisions going forward. We are delighted to offer our members a return on their savings by paying a dividend this year. We would like to thank all of our members for their continued loyalty and support of our services.”

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All eyes down as St Oliver’s hosts bumper bingo fundraiser

It will be All Eyes Down as the saying goes on October 23 as St Oliver’s Primary School hosts a bumper Bingo Fundraiser night. The event, which is being held […]

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It will be All Eyes Down as the saying goes on October 23 as St Oliver’s Primary School hosts a bumper Bingo Fundraiser night.

The event, which is being held to raise additional funds for the school’s Special Classes, will take place in the Killarney Racecourse in the Celtic Steps venue.

According to Colm Ó Súilleabháin, Principal of St Oliver’s, the idea for the fundraiser was the brainchild of Denise Hendey, a parent of one of the children in the Special Classes who approached the school wanting to assist with raising much-needed funds for the classes. “She has been utterly amazing with the amount of work and organisation she has put into this event, sourcing an incredible number of fantastic prizes for the raffle and spot prizes for the bingo winners” he said.
Continuing he said “We are so appreciative of the incredible support we have received from all the businesses who have sponsored some amazing prizes and made very generous donations in support of the event.”

St. Oliver’s has eight separate Special Classes, home to 62 children. All monies raised on the night will go towards purchasing additional resources for the classes.

The event will commence at 7pm with doors opening at 6pm. So be sure to come along to what is promised to be a fun-filled night with numerous opportunities to win some amazing prizes and hopefully if there is a ‘knock on the door’ or a ‘bang on the drum’ it will be on your bingo card!

Bingo books (€10) and raffle tickets (€5) are available to buy from the school office and will be available on the night. All welcome. Children must be accompanied by an adult.

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Milltown plan to preserve history in community project 

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The Milltown History and Heritage Society has announced plans for an oral history archive for the community.

It is hoped that the collection and preservation of stories and folklore will be a valuable resource for future generations.

Oral history expert and historian Dr Tomás Mac Conmara will speak in Milltown in support of the launch.

Dr Mac Conmara, who is an award-winning oral historian, lecturer and author, will speak at the Muintir na Tíre Hall in Milltown at 8pm on Friday, October 24 and will introduce the fundamentals for the collection of oral history.

The presentation is free of charge and is supported by funding from the Creative Communities Grant Scheme 2025.

Attendees will be introduced to the practical skills required in interviewing, recording and documenting local heritage.

Stewart Stephans of the Milltown History and Heritage Society said they are excited to have Tomás to set them on the right path towards the development of the archive.

He said: “The collection and retention of oral history needs to be approached properly, drawing on the right advice and maintaining high standards, so we are pleased to be getting the input of such a renowned expert.” The event is open to anyone who would like to attend.

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