St Dympna's Parish Dromore 2012

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Dromore Credit Union started in 1967; it was introduced by the late Fr. Gallagher. It
suited people who did not have a bank account or who in most cases were too poor to
have a bank account. The simple rule was to be a member you had to have the ability
to save consistently for six weeks and then you could apply for a loan. Over the years
the rules are basically the same.
Pictured are the first committee Back Row: Fergus Hughes, Seamus Teague, Paddy Hughes,
Packie McA/oon, John Kelly, Jim Montague, Noel Hackett, Eugene Mccarron.
Front Row: Jim O'Kane, Charles Gormley, Hugh J Colton, Rev Patrick Gallagher, Joe McG/one,
Barney McAleer, Liam McQuaid.
At the beginning it appealed to young couples who got married and were setting
up a home, and would apply for a loan for furniture etc. Fast forward to today the
applications are for a whole range of things, loans for cars and transport topping the
list. There are many benefits from being a member, low repayment rates, good deposit
rates and death benefit of £1000. We are a community based organisation run mostly
by people who give their time freely. We have a healthy share balance of almost
£3.Smillion. On average, we give out £80,000 per month on loans. Family membership
is in excess of 1700 and still rising.
If you are not a member then join us and keep your finances in the parish. We are
grateful to the people who kept us going over the years and our gratitude also goes to
the directors who worked for us in the past.
Current directors are: Tommy McQuaid, Bernadette Maguire, Agatha O'Neill, Patricia
McCuskeF, Marie Garrity, Mairead Quinn, Vera McMackin, Rita McGirr, Michelle
O'Kane, Oliver Teague, Vincent Kennan, John Muldoon, Jim Teague, Martin Curran,
Damien McAleer, Eamon Logue, James Teague, Paddy Hughes, Dermot Montague,
Michael McNulty and Tony Winters.
Tony Winters
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