Social Development Fund

When you borrow & save with Ballinasloe Credit Union, you’re funding our support of a variety of local community initiatives. We are passionate about supporting the people and organisations that add value and strengthen our communities. Every year we allocate a considerable portion of our Marketing budget to supporting local voluntary and community groups and events – it is just one way that we get to give a little back.

Sponsorship of local events and donations to community groups during the year amounted to over €40,000. These funds were allocated to support a wide variety of local clubs, voluntary committee activities, team jerseys, events, ground upgrades and community development projects. A breakdown of how these funds were distributed is shown in the image on the right.

Social responsibility is one of the ten Credit Union Operating Principles. Briefly, this principle obliges credit unions to be socially responsible by contributing to the development of the local community within its common bond. The credit unions “vision of social justice extends both to the individual members and to the larger community in which they work and reside”. Since its establishment in 1998 donations to local organisations from the credit union social fund have exceeded €890,000. This year the fund donated €50,000.

All local groups and societies within our common bond are invited to apply for support from the social fund. An application form is available below.

in community donations since 1998.