About Us
Our Story
We exist only to serve our members
The Rosses Credit Union Limited exists only to serve its members - not to profit from their needs.
Who We Are
The Rosses Credit Union Limited exists only to serve its members - not to profit from their needs. Any surplus income generated is returned to the members by way of a dividend and/or by granting a loan interest rebate or directed to increasing reserves and improving services to members.
The Rosses Credit Union Limited is non-sectarian and non-political, and continues that Irish tradition of co-operative self help.
Established in 1994 at a public meeting in the local parochial hall in Dungloe.28 volunteers formed a study group under the watchful eye of Mr. Jack Gorman with assistance from Mr. Tommy Donegan (RIP) and Mr. Brian Barr.
On the 9th June 1995 an office was opened on Carnmore Road. In 1997 we bought the ESB office on the main street. In 1998 we purchased our state of the art computer system from ICE and employed our first employee Brigid O’Donnell.
First Board of Directors
Frank Mc Donagh (Chairperson) RIP, Judy Lee (Treasurer) RIP, Mary Cannon (Secretary) James Bloe, Brigid O’Donnell, Patricia Sweeney, Jamesie Cannon, Eddie Sweeney, Geraldine Bonner. Supervisors were Ann Gallagher, Willie McGeehan and Michelle Bonner.
29 years on we have 5 full time and 1 part time staff members.
Savings of €11.3M, Loans of €9M and over 4,000 members.
The Rosses Credit Union Limited is a local, not for profit financial institution. We specialise in providing a safe place for savings and loans in our community and is still continued to be governed by our members and voluntary Board of Directors.
A credit union is a group of people who save together and lend to each other at a fair and reasonable rate of interest. We offer our members the chance to have control over their own finances by making their own savings work for them. The Rosses Credit Union is owned by the members - the people who save and borrow with it - people like you.
When you become a member and start saving with The Rosses Credit Union Limited you will have access to fair and reasonable rates on savings and loans.
Your savings contribute to your credit union’s loan fund. So your savings are helping other members. Members like you.
Why not become a member today?
Join Us NowTRCU’s common bond covers the following areas:
- Electoral division Arranmore Island,
- Rutland,
- Dungloe,
- Maghery,
- Lettermacaward
- Glenleehan,
- Gaffy,
- Fintown,
- Doochary,
- Crovey,
- Annagry
