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Credit Union AGM November 23rd 2007

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Credit Union’s 30th AGM

 

On December 5th Mullinahone credit union will hold its AGM. The AGM will take place in the Knocknagow Community Centre with 8pm start. This will be the 30th AGM of Mullinahone Credit union much water has flowed under the Five Eye Bridge and many changes have taken place in the local community since the first AGM of the credit union By far the biggest change has been is in the size of the credit union then and now and also of its recognition.

 

The news too is to be imparted to the members of the forth coming AGM is good news as usual. The audited accounts of the credit union will find their way to members along with an invitation to the AGM during the next few weeks. According to these accounts the current assets of the credit union stand at €3.64 million.

 

If growth continues in the next year and keeps pace with that in the last year of Mullinahone credit union this time next year will be in excess of €4,000,000. The growth rate last year was over 12 percent. The growth of the assets and the increase in the surplus of the credit union will allow healthy dividends to be declared at the AGM. During the last year the credit union advanced more than a million euro in loans to members.

 

This is the first year in which this target has been achieved. It is a far cry indeed from the figures dreamt of by the Credit union founder members 30 years ago. Members of the local credit union continue to grow even if the number of new members has fallen back somewhat in recent years.

 

Perhaps this reflects the optimism engendered by the Celtic Tiger. However, there are signs that the Tiger has something of a kitten and that expectations will have reshaped when the future becomes more uncertain.

 

All matters no doubt for debate when Mullinahone credit union open its doors on December 5th for the 30th AGM. The old Motto “Credit Union not for charity, not for profit but for service”

 

Juvenile GAA

 

Juvenile Calendar

People involved with the juvenile club are in the process of calling to houses in the process of calling to houses to sell their very impressive calendar to raise funds for the club for the coming year.

 

This is certainly a well put together calendar with our county under 14 winning team taking pride of place in the front. All of this years underage teams along with some action shots of our under 10’s taken by Neill Thompson are also included. Chairman Johnny Kennedy thanks sincerely the sponsors of the calendar who paid to have their adverts included.

 

Also a big thanks to Donal O Brien for the well taken team shots. At a cost of €10 it certainly makes for a nice gift for a family member living abroad. Following the visit to houses it will go on sale in various shops. By visiting homes it gives us an opportunity to meet new families in the parish and give them any information regarding the Juvenile club

 

Ladies Football

 

Hard luck to our junior ladies’ football team on losing out to Moyle Rovers in the county final played in Cloneen last Saturday.

 

The girls did themselves proud and the weather on the day was always going to make the game into a lottery. They’ve put in a big effort and the experience will stand to them next year.

 

Lotto

 

The local lotto jackpot was not won on Monday night last, November 19. The winning numbers were 1, 7, 12 and 14. There were however three match 3 winners who shared €150. Congratulations to Yvonne Rochford, Tom McDonnell and Mary Mullins.

 

Next draw will be on Monday, November 26 when the jackpot could be worth €3,800. Remember though to win you must first be in.

 

Cards for Christmas

 

Just to remind us that Christmas is on its way as ‘Cards for Christmas’ is starting this Thursday night in Coolagh. The venue is the parish hall and the starting time is 8pm. Play for hampers and hams every Thursday night from this until Christmas season. You may even be lucky enough to win the Christmas dinner. My advice is hitch up the reindeer and head for Coolagh parish hall.

 

Craft Fair

 

Camphill, Kyle, would like to thank all the local people who attended and supported their annual Craft Fair on November 11 from 2pm until 5pm.

 

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A notice in this week’s parish newsletter states "shop local and keep our local shops alive - keep our post office busy and it will stay.