[Audio] Castletownbere to get new Credit Union?

31st July 2014, 7pm
By Bryan Smyth

There have been positive developments in Castetownbere, West Cork
where the Berehaven Credit Union was forced to close last week following a
high court order appointing a liquidator.

The Central Bank have today confirmed that cheques are being sent to
depositors returning their savings, thanks to the State Guarantee Scheme.

Meanwhile it’s understood that Castletownbere might see a seperate credit
union opening it’s doors there next week, as another established
instutution in a nearby Town is interested in opening a sub-office
A petition supporting that is now being passed around Beara, and will have
at least 2-thousand signatures after the weekend.

Reporter David O’Sullivan is in Castletownbere and has the latest update


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