Fury at Donabate Credit Union closure

by Rose Barrett
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Residents of Donabate are furious with the decision to close the local credit union office from July this year.

Announced earlier this month by the Board of Directors at Progressive Credit Union, Corina Johnston, a local mother of two stated the decision is devastating for CU members in Donabate.

“It’s mindboggling given that Donabate is cited by Fingal County Council as a major growth town, and is expected to double its population from 10,000 to 20,000 in the next 10 years,” said Ms Johnston who is also the local area Labour representative.

“Ballisk House was funded by the loans and savings of members of the former Donabate Credit Union, which transferred to Progressive Credit Union only eight years ago. It would now seem that was not a positive move for the local community!”

Ms Johnston was critical of the decision not only to close the building but also to put the premises up for sale.

“Built by and for the people of Donabate, why didn’t the Board of Directors make the decision to operate from a smaller premises or office within the building, and give the building over to the community?

Corina Johnston

“We are lacking in infrastructure here in Donabate, we need services, we need facilities.

“The impact of this decision on members, especially seniors is horrendous. The Credit Union has retained an office on the peninsula here for the last 53 years. We’ve been advised that our ‘local’ CU office will be in Rivervalley, Swords – it takes two buses to get to Swords!”

Ms Johnston has launched an online petition* calling on the Board of Progressive CU to reconsider the decision.

Progressive CU have a duty of care to the people, the credit union is the people’s community bank but they’ve shown no loyalty to this community!” concluded Ms Johnston. 

*See https://www.change.org/p/board-of-progressive-credit-union-save-our-credit-union-in-donabate/dashboard?source_location=user_profile_started

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