Proposed Merger Announcement

Altura Credit Union and Blessington and District Credit Union - Proposed Merger.

We are delighted to share that we are progressing positive discussions with Blessington and District Credit Union regarding a proposed coming together of our two credit unions. Both credit unions have a proud tradition of putting members first, providing excellent personal service and supporting the communities we serve. By combining our strengths, experience and resources, we believe we can build on that shared heritage and create an even stronger credit union for our members and communities.

Bringing our two credit unions together would help secure the continuation of local services while giving the combined Credit Union greater strength and capacity to meet members’ needs in a rapidly evolving financial services landscape. This proposed partnership is about building on our success, embracing new opportunities and ensuring members continue to benefit from a strong, progressive and community-focused credit union for many years to come.

Importantly, accessible, personal and locally delivered financial services will remain central to everything we do. We see this as an opportunity to enhance the range and quality of services available to members while preserving the personal approach and community ethos that are at the heart of the credit union movement.

We are sharing this news at an early stage in the spirit of openness and transparency. As discussions progress, we will keep members fully informed through updates on our website, in-branch notices where appropriate, and a comprehensive information pack outlining the financial position of both credit unions, the benefits of the proposed coming together and the next steps in the process. Any proposed transfer of engagements will be subject to the necessary approval of the members of both Credit Unions and our regulator, the Central Bank of Ireland.

In the meantime, it is very much business as usual. There will be no impact on day-to-day activities, and members can continue to access the same friendly, professional service they receive today. We remain fully committed to providing excellent member service throughout the process.

We look forward to keeping members informed as we explore this opportunity to build an even stronger future together.

Stronger Together – Building on Our Success, Investing in Our Future.