Credit Union pays out 0.5%

Kilcullen Credit Union is paying a dividend of 0.5% for 2010, following its AGM last night.

Chairperson Philomena Griffin said it was lower than previous years, but that they must look to the 'continuing stability' of the Credit Union and continue to manage it in a prudent manner.

It was Kilcullen CU's 40th AGM, and the current membership is 2,503.

A full report from the AGM will be published later.