CDCU

We are delighted to inform you that we are currently advancing our discussions with Unity Credit Union in relation to combining our resources to become an even stronger credit union. The Board of Directors are of the view that by combining our Credit Unions we will build on our proud record to ensure we continue making a distinct and positive contribution to the challenges and opportunities facing our members and our community. In summary this initiative provides assurance on the continuation of services locally and ensures that the Credit Union will have the combined strength to meet the very challenging times ahead for credit unions. This announcement is made in the spirit in which our credit unions intend to move forward with this process – honesty and transparency so that you the member, can be sure that at all times you are fully informed. As the process evolves each member will be provided with an

Fraudulent SMS Alert Dear Members, We’ve been made aware of a fraudulent SMS currently circulating nationwide. The message appears to come from “51472” and reads: CREDIT UNION: A new Payee (JAMIE SMITH) has been added to your account. Contact us immediately on 01 513 4884 if this wasn’t you. When the recipient calls the number provided (01 513 4884), the call is answered with “Welcome to Credit Union Services.” The caller is then persuaded to provide their account credentials and personal details to the fraudster. ⚠️ This is a scam. If you call the number, you’ll reach fraudsters pretending to be Credit Union staff who will try to get your personal and account details. 👉 Please remember: Your Credit Union will never ask for account details, passwords, or PINs by phone or text. Do not click on links or call numbers in suspicious messages. If you’ve responded or shared any information, contact your Credit Union immediately using our

About Cois Sionna Desmond Credit Union is a not for profit, community-based credit union, proudly supporting its 37,000 members across its 11-branch network, located throughout the Limerick and North Kerry region. The Role Due to the credit union’s continued growth, we are delighted to invite applications for the role of Lending Officer on a full-time, permanent basis. The position is located in Newcastle West, with requirement to travel to branches on occasion. Applicants should be open to working some Saturdays, as required. Reporting directly to the Head of Lending, the Lending Officer, working as part of the lending team, will prepare and assess loan applications from members, in line with lending policies, ensuring all legislative and regulatory requirements are adhered to. The Lending Officer will also assist with the growth of the loan book in line with the Lending Strategy and operational business goals. The role will ensure a high level of loan processing is

Please note that our Croom Office will be closed on Saturday, 11th October due to a planned ESB power outage. Our Rathkeale and Newcastle West offices will remain open as normal, and online and mobile banking services will continue to be available throughout the day. We apologise for any inconvenience this may cause and thank you for your understanding.

Cois Sionna Desmond Credit Union encourages local artists to explore this year’s theme “The Future is…” Cois Sionna Desmond Credit Union is delighted to launch the 2025 Credit Union Art Competition and is calling on local artists of all ages to take part in one of Ireland’s longest running and most inclusive art initiatives. The competition invites people from all walks of life to express themselves through creativity, with this year’s theme asking them to reflect on “The Future is…” This year’s theme encourages artists to look ahead with imagination, hope and curiosity. Participants might explore personal dreams and milestones, a better world for the next generation, or how change and progress might shape our lives and communities. Whether bold and futuristic or thoughtful and personal, the theme offers endless possibilities for creative interpretation. Now in its 42nd year, the Credit Union Art Competition continues to support and promote creativity at every stage of life.

The Irish League of Credit Unions has released its annual Back to School survey results for 2025, highlighting the rising financial pressures facing families across the Republic of Ireland. 🔍 Key findings from this year’s report include: 1 in 3 parents (33%) are now going into debt to cover back-to-school costs The average debt per parent has risen to €376, compared to €368 last year. 35% of parents say they’ve had to deny their child at least one essential school item due to costs. The total cost of sending a child back to school now stands at €1,450 for primary school and €1,560 for secondary school Commenting on the 2025 findings, David Malone, CEO, Irish League of Credit Unions said: “This year’s back to school survey findings are reflective of the broader pressures being felt across society associated with the increasing cost of living. “While the fact that 1 in 3 are taking on debt

About Us Cois Sionna Desmond Credit Union is a not for profit, community-based credit union, proudly supporting its 37,000 members across its 11-branch network, located throughout the Limerick and North Kerry region. The Role We are delighted to invite applications for the full-time, permanent role of Risk Manager, located in our Askeaton office. The Risk Manager will be responsible for leading the credit union’s risk management function, ensuring the effective identification, assessment, monitoring, and mitigation of all key risks. The role will develop, implement, and continuously improve risk management frameworks, policies, and practices. The Risk Manager will foster a strong risk-aware culture across the credit union, ensuring that risk management is embedded at all levels of the credit union’s operations. As a Central Bank of Ireland Pre-Approved Control Function (CU PCF-3), the role reports directly to the CEO with a dotted reporting line to the Board, playing a key role in supporting strategic decision-making and

Credit unions have been named Ireland’s most reputable organisation for the third consecutive year, topping the 2025 Ireland Reputation Index. Based on the views of over 5,000 people, the study ranks 100 of Ireland’s most prominent organisations on trust, respect, admiration, and esteem. With a score of 82.4, credit unions were one of just two organisations to achieve an ‘Excellent’ rating. They ranked first in three key reputation drivers—Citizenship, Conduct, and Workplace—and led when the public were asked who they would trust in a crisis, welcome into their community, and recommend to others. An Post and Boots Ireland followed in second and third place, scoring 80.8 and 79.5, respectively. David Malone, CEO of the Irish League of Credit Unions, said: “Being voted as Ireland’s most reputable organisation for the third consecutive year is a true honour and a testament to the enduring trust and respect that members place in credit unions. This recognition highlights the

Members are encouraged to complete any online or EFT payments by Thursday morning, April 17th, to guarantee that funds are received on time.

IMPORTANT MEMBER NOTICE: In light of the recent Fraud article published by the Limerick Leader, I wish to inform members that the report is NOT related to Cois Sionna Desmond Credit Union. We are a separate entity from all other credit unions, and it is business as usual. Thank You, Declan Benson, CEO.