Some banks replacing people with machines - Kildare Credit union
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Kildare Credit Union has accused some banks of turning their backs on our communities and replacing people with machines .
The 53rd Annual General Meeting of Kildare Credit Union, held virtually for the first time due to the Covid-19 pandemic, will hear this week that the Credit Union is in a strong and viable position despite a very difficult year.
The address of chairperson Seamus McDonnell, which was circulated to members in advance, said that many members were nervous about borrowing due to the uncertainty of the future.
He also noted that although some mainstream banks were withdrawing branches, Credit Union services would continue to serve the community.
Virtual AGMs for some Kildare Credit Unions
Finances: AGMs for Covid-19 scenario
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With the current lockdown firmly in place for the coming weeks, credit unions across the county are looking at their options when it comes to holding their AGMs.
Life Credit Union, which covers Naas, Newbridge and Maynooth is planning a virtual AGM this year.
“With the current restrictions and not knowing when those will end, we will be holding our AGM virtually this year,” said a spokesperson.
“We have a proposed date of March 23, so we are busy working to get everything in order for then.”