CEO'S AGM Report 2023/24

In 2023/24, Comhar Linn INTO Credit Union has demonstrated impressive financial growth and commitment to its members, underscoring its role as a trusted financial institution. The credit union achieved a notable surplus of €4.4M, driven by substantial increases in loan income and investment returns. With a focus on community impact, Comhar Linn received recognition for its contributions and continued to provide members with exceptional service, which earned the team a "Great Place to Work" certification.

The credit union has also made strides in expanding its services, with new current accounts and the removal of savings limits for its members. Its emphasis on sustainability is evident, with solid financial ratios like the Loan to Asset ratio and the Reserve ratio, indicating long-term viability and growth.

Member engagement is central to Comhar Linn’s strategy, with high satisfaction levels and an increasing number of members using digital services. Looking ahead, the credit union plans to enhance its online services and explore new collaboration opportunities under upcoming regulatory changes, all while maintaining the personal service its members value.

For a more in-depth look at these achievements and plans for the future, watch the full report video.