Cork, Ireland – April 23, 2009: Bishopstown Credit Union is to be honoured with a reception being held by the Rt. Honourable the Lord Mayor of Cork, Councillor Brian Bermingham on May 6th next in the City Hall. This reception is to mark the innovative and progressive achievements Bishopstown Credit Union has made, to the benefit of its members.
The pinnacle of these innovations was the recent introduction of their revolutionary Debit Card and Link Account. This has been a landmark success for Bishopstown Credit Union and signifies a turning point for the institution. Bishopstown Credit Union members can use their Debit Cards on-line, in-store and at ATMs, anywhere the MasterCard brand is displayed. The Debit Card, which went live last year is the first of its kind in Europe. It places Bishopstown Credit Union in an enviable position in terms of financial services. Members can now transact on their accounts, in real-time, at over 26 million locations worldwide. Bishopstown Credit Union members can now perform all their day-to-day transactions using their Link Account and Bishopstown Credit Union’s new sort code, 991012.
Responding to the prestigious accolade, Frank Mullane, Chairman, Bishopstown Credit Union, stated, “We are delighted and honoured to accept this invitation from The Lord Mayor. This recognition comes at an exciting time for Bishopstown Credit Union. The introduction of the Debit Card and Link Account means Bishopstown Credit Union is now a one-stop shop for all your personal finance needs.”
Working with Strategic Information Technology (SIT) Bishopstown Credit Union introduced a MasterCard Debit Card with loyalty points on purchases – the first of its kind in Europe. Commenting on this partnership Robert Leeming, President of Strategic Information Technology Limited, stated, “We are extremely pleased that we were able to provide the total solution using Portfolio Plus, including the increasingly strict accounting & regulatory requirements, necessary in the current economic times. This puts Bishopstown Credit Union way ahead of the pack. I admire the visionary decision on the part of their Board, to provide new technology, as first in country.
With in excess of 24,000 members, Bishopstown Credit Union is one of the largest community based credit unions in Ireland. Founded more than 40 years ago, the organisation has grown and evolved with the requirements of its members. People are demanding more of their financial institutions and Bishopstown Credit Union prides itself on a very proactive approach to Financial Services and understands that the needs of its members are changing. An innovative organisation, Bishopstown Credit Union continues to work in partnership with SIT, its staff and most importantly its members to provide first class financial innovations to its members. With this innovative approach Bishopstown Credit Union is one to watch.