The CEO of St Francis Credit Union says the organisation is planning to enter the debit card market before the end of the year.
The Ennis-based institution has just finalised its merger with Shannon Credit Union, meaning it’s now operating nine offices throughout the county.
Its total assets amount to 270 million euro, with plans understood to be underway to enhance its presence in the mortgage market locally also.
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Louis Fay says the exit of both Ulster Bank and KBC from the market this year has provided a new space for credit unions.
