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Killarney Credit Union unveils online banking system for members
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WE CAUGHT up with the team from Killarney Credit Union as it officially launched its online banking system today. The new IT system now allows its 25,000 members full access to their accounts online, which includes internal and external funds transfers and bill payment. A mobile app is also available to download on Apple and Android devices.
Mark Murphy, CEO of Killarney Credit Union, said: “We transferred to a new member IT system last October and this involved the implementation of the online banking module for members. We have seen a very strong take up of this service with nearly 600 members signed up to date.”
Members can register for the online banking service by calling into the branches at Beech Road and Park Road, Killarney, or in Kenmare to sign up. Alternatively, they can register online on www.killarneycu.ie and can receive their PIN by post.
The online banking system is delivered by Progress Banking (an IT supplier to 175 credit unions in the UK and Ireland,) and delivers a high level of safety and security on its software and holds ISO27001 certification.
The online banking system offers many benefits for both members and the credit union, according to
Helen Courtney Power, business development officer, Killarney Credit Union. “Members have full access to their accounts through the website and mobile app. They can also sign up to receive statements and AGM notification electronically,” said Ms Courtney Power. “These also help the credit union, in that it reduces staff costs with accounts queries and postal costs with statements.”
Killarney Credit Union will be rolling out additional electronic services in the coming months to include membership sign up and loan applications online. A direct debit service will also be rolled out which allow members to set up direct debits from their accounts. This will facilitate easier loan repayments, bill payments, regular savings transfer.
Above: Front, Chloe O'Donoghue and Helen Courtney Power, back, Shane Foley, Mark Murphy, CEO, Killarney Credit Union, and Pat Delaney, chairman, Killarney Credit Union.

