Coalisland Credit Union has been named All-Ireland All-Star Credit Union Of The Year 2022 by the All-Ireland Business Foundation.
From a small beginning with nine members and a shareholding of £45 in 1963, Coalisland has grown to 11,000 adult and juvenile members and over £25m in shares.
The Credit Union has been recognised by the All-Ireland Business Foundation for its outstanding contribution to quality and standards in the financial sector.
Business All-Star Accreditation is an independently verified standard mark for indigenous businesses, based on rigorous selection criteria. The Accreditation is overseen by the prestigious All-Ireland Business Foundation, whose adjudication panel is chaired by Dr Briga Hynes of the University of Limerick and Kieran Ring, CEO of the Global Institute of Logistics.
Reacting to the announcement, Coalisland Credit Union Manager Brian O’Neill said:
At Coalisland Credit Union we believe in putting people before profit and providing a valuable service to our customers. We hope that this Accreditation underlines our commitment to quality and highlights our community values. We would like to thank our dedicated team and our loyal customers, without whom this achievement would not have been possible.
Deputy Chair on the Adjudication Board Kieran Ring, said in support of the announcement: “Coalisland Credit Union has been named All-Ireland All-Star Credit Union Of The Year 2022. The accreditation is in recognition of the company’s outstanding contribution to quality and standards in the financial sector. Furthermore, we wish to recognise Coalisland Credit Union’s conduct in the areas of trust, commitment, performance & customer-centricity. Coalisland Credit Union is hereby included in the AIBF Register Of Irish Business Excellence.”
Managing Director of the All-Ireland Business Foundation Kapil Khanna said the accreditation, which is now held by over 500 firms, is needed by the thousands of small and medium businesses which operate to their own standards, but have nothing to measure them by.
He said: “We evaluate a company’s background, trustworthiness and performance, and we speak to customers, employees and vendors. We also anonymously approach the company as a customer and report back on the experience. The business goes through at least two interviews and is scored on every part of the process against set metrics.”
The All-Ireland Business Foundation (AIBF) is an autonomous national accreditation body tasked with enterprise development and the promotion of Best-in-Class in Irish business.
The Foundation actively engages and supports its network through peer dialogue, collaboration, mentoring and enterprise development activities. Companies are qualified for accreditation by completing an enterprise audit and are identified by their use of the AIBF’s Business All-Star Marque.
To learn more about Coalisland Credit Union, visit their All-Star showcase page here.