Directory of Co-operatives
Armagh Credit Union was founded in May 1962 in Handel House. By January 1963 £500 in savings had been accumulated and the first loans were issued to members. By the end of that year due to increased membership and a greater volume of business the Credit Union moved to Market Street. The first manger was appointed in 1967 and the Credit Union purchased the old cinema in Russell Street from where it continues to operate its expanding business.
We now have over 8300 members with a share capital in excess of £18 million and loans issued in excess of £7.8 million.