Latest News

07 Dec 2022

Online loan application is LIVE!

We are now accepting online loan applications!

06 Dec 2022

Kids Christmas Activity Booklet

Download our free Christmas booklet here

02 Dec 2022

Christmas Opening Hours

Our Christmas and New Year opening hours

24 Nov 2022

AGM 2022

Our AGM will take place on Tuesday 29th November at 7pm

20 Oct 2022

Portadown Credit Union celebrates International Credit Union Day® 2022

Thursday 20th October is International Credit Union Day!

14 Oct 2022

Kids Halloween Activity Booklet

Download our free Halloween activity booklet

11 Oct 2022

Portadown Credit Union does Country comes to Town

Portadown Credit Union took part in Country comes to Town 2022

01 Oct 2022

Our new app is live! DOWNLOAD NOW

Download our new app and get your NEW PIN.

01 Oct 2022

Facebook £200 Vouchers Member Giveaway- Winner

Our Facebook £200 vouchers member giveaway winner announced

24 Sep 2022

Junior Savers Week- 26th September

Encouraging and educating young people on the importance of saving.

About Us

Portadown Credit Union is a not-for-profit financial organisation- owned by its members. Each member own shares in the organisation and each year after running cost are accounted for, any ‘profit’ is returned to its members in improved services and/or in dividends on savings and in interest rebates on loans. In addition to helping local community projects over the year and creating local jobs.

In 2021, members agreed at the Annual General Meeting (AGM) on the dividend and interest rebate to be paid out. To individual members this equated to a dividend return of 0.50% on savings and an interest rebate of 20% on loans.

Our Vision

Portadown Credit Union will remain member-focused to enable members to own and control their future.

Our Mission

Portadown Credit Union will ensure everything we do is sustainable, accessible and relevant.

Our Core Values
  • Service: facilitate the financial well-being of our members
  • Integrity: mutual trust
  • Fairness: to every member and in all our business transactions
  • Community: rooted in our community
  • Communication: open, honest and effective
  • Accountability: to our members and regulators
  • People: support and develop members, staff and volunteers
Our History

In 1960, a group of local people were aware of the poverty people were experiencing in the local community. As they grew up in the 1930s/40s and lived through the Great Depression, they were determined to make the world a better place. They had heard of the benefits of Credit Unions and understood that that if a financial co-operative could be formed then working people could pool their resources for the benefit of all. 

It was two men called Jack McCabe and Thomas Lee who were asked to examine this possibility. Thomas and Jack spent 6–9-months investigating how credit unions worked; with Thomas recalling one meeting continuing onto 6am.

It was in 1962, that these two men were joined by Peter Mulligan, Aidan McCormack, John Goodwin, Harry McNamee, Aiden Cullen, Dr. G McAnallan, James Hendron, Gerry McNally, Dr. L Byrne, Jim McCullagh, James Greenwood, Edward Gillen, Paddy McAnallan and Vincent Meehan to form a working party to get this venture off the ground.

The inaugural meeting of Portadown Credit Union took place on 4th April 1963. The opening share capital was £1.10.00 (£1.50) which was made up of 2/6 (12.5 pence) paid by each of the 12 founder members. 

From this humble beginning, Portadown Credit Union has now over 12,000 members and has successfully provided a source of low-cost credit and other financial benefits and services for its members. Through the loyalty and dedication of its membership, Portadown Credit Union has flourished to become the tremendous success that it is today.

Go to www.creditunion.ie to find out more about the Irish League of Credit Unions, the body we are affiliated to.

Our Volunteers

Although the day to day management and administration of Portadown Credit Union is undertaken by paid staff, Portadown Credit Union, in common with other Credit Unions, is dependent on local volunteers who are elected every year at the Annual General Meeting in December.

We are currently seeking volunteers to act as Board Members or take part in sub-committees in a number of areas, please email info@portadowncu.com to know more

The Board of Directors of Portadown Credit Union, the Supervisory Committee and the Credit Committee are all volunteers who generously give their time, skills and experience to ensure that Portadown Credit Union maintains its high regard, not just in the local community, but amongst other Credit Unions.

We at the Credit Union cannot achieve our objectives in the community without the commitment and support of our staff, members and volunteers.

Why Volunteer?

Volunteering is a fantastic opportunity to help your local community and make a change for the better, in addition to adding experience to your CV. As Credit Unions are owned by their members, we encourage member feedback and such will adapt to what our members needs in order to provide the best service possible. Dedicating a small part of your time to volunteer allows you make new friends, expand your network, and boost your social skills.

If you or someone you know have a few hours a month to spare and would love to get involved in the local community, please fill and submit the form below or contact us on info@potadowncu.com.

Volunteer Application Form

(please give details of the organisation and the length of time with them)

(if any)

Become a Member

Become a Member

Joining the Credit Union is the best decision you could take for your money. Our Credit Union lets people in the community come together to save and borrow money at low rates, and is operated on a not-for-profit basis.

Why not become a member today?