proposed merger

  • Two of the largest credit unions in Co Galway are planning to merge.

    St Jarlath's Credit Union, which has 8 branches across north Galway with 50,000 members, is to merge with St Anthony's & Claddagh Credit Union, which has two branches in Galway city and one in Oughterard with 48,000 members.

    The proposed merger would see the creation of one of the largest credit unions in the country, with combined assets of almost €500 million, 100 staff and almost 100,000 members.

    Members of both credit unions will be given the opportunity to vote on the proposed merger once the due diligence process has been completed.