About Us
Since 1966
In 1966, a few ordinary people with extraordinary ideas got together in the British Legion Hall. They weren’t bankers, but they knew the power of community.
With a vision of financial independence, co-operation, and self-help, they laid the foundations of something special – Pennyburn Credit Union. On June 6th, 62 locals decided to take a chance and join the 20 founders. Little did they know, they were shaping something that would last generations – and the rest is history.
Our first ‘office’? A rented annex attached to a shoemaker’s shop at Collon,
thanks to Mr. Bertie Downey. Humble beginnings, but sat right in the heart of our community. Led by President Michael Canavan and a passionate Board of Directors, Pennyburn Credit Union started its journey – and it’s been growing ever since.
Our Mission
The mission of Pennyburn Credit Union is to promote and
support the financial and social well-being of our community.
Our Vision
We want to build a vibrant community centred on members, where financial services are guided by integrity, mutual support, and shared success.
1966
Where it All Began
Our first ever meeting held at the long-defunct British Legion Hall where 62 members joined the 20 founders.
1967
Our first year of growth
Membership rose from 265 members to 571.
1969
A place of our own to call home
Moved to our first proper home in March at 1 New Street, which cost £2,500. Imagine that?!
1976
Growing with the Community
Relocated to Racecourse Road. At this time, we had 2 full-time staff and part-time staff at weekends.
1978
Entering the digital age with our first computer
Bought our first computer – a Nixdorf 8830 Magnetic Ledger Card machine.
1980
Leading the way
Treasurer of Pennyburn Credit Union, Eugene O’Brien, became vice-president of the ILCU, and in 1982, President – a post he filled with great dignity. Leading by example!
1986
Expanding Our Reach
Opened a sub-office in Springtown Shopping Centre, Ballymagroarty (Beside the Post Office)...
1991
Celebrating 25 Years
New office opens at Greenhaw Road, designed by architect Tom Mullarkey and local contractor Mr Tommy P Dunn (built 2 months ahead of schedule)
2000
Mrs N Devine passes the torch
After 30 years of dedicated service, Mrs Nora Devine hangs up her hat and retires.
2009
A new space for growth
Our very own sub-office building is opened in 2009 providing a dedicated hub for our expanding community.
2021
New faces, Same mission
Mr Frank Doherty is appointed as Manager as Mrs Patricia Kerr resigns.
2022
Expanding our family & opening our doors wider
Our common bond expands from the Pennyburn area to all individuals who live or work in BT47/BT48.
2025
The future – a glimpse into what’s next
As we look to the future, Pennyburn Credit Union is committed to continuing our mission of serving our community.
The Pennyburn Family
For over five decades, we’ve helped families across Derry achieve their financial dreams, standing by their side when it matters most. The people behind Pennyburn Credit Union are more than just employees – they are part of the community, dedicated to helping our members and community thrive.
Board of Directors
Michael Murphy
President
Michael Murphy
David Khera
Treasurer
David Khera
Clare McGee
Secretary
Clare McGee
Barney Toal
Director
Barney Toal
Damien Tierney
Director
Damien Tierney
Gerry Butler
Director
Gerry Butler
John Gallagher
Director
John Gallagher
Marion Deeney
Director
Marion Deeney
Patricia (Paddy Ann) Leach
Director
Patricia (Paddy Ann) Leach
Paul Jackson
Director
Paul Jackson
Simon Khera
Director
Simon Khera
Staff Members
Frank Doherty
CEO
Frank Doherty
Wanted to be a fireman
Richard Hawkins
Senior KYC Analyst
Richard Hawkins
Wanted to be a lorry driver
Paula Nash
Operations Manager
Paula Nash
Wanted to be a hairdresser
Michael Doherty
Assistant Manager
Michael Doherty
Wanted to be a footballer
Patrick Mulligan
Risk & Compliance Executive
Patrick Mulligan
Wanted to be a marine biologist
Laura Brown
Marketing Executive
Laura Brown
Wanted to be a movie star
Catherine Gardiner
Credit Control Department
Catherine Gardiner
Wanted to be a nurse
Joanne O’Brien
Credit Department
Joanne O’Brien
Wanted to be a teacher
Orlagh McVeigh
Credit Department
Orlagh McVeigh
Wanted to be an interior designer
Suzanne Charlesworth
Credit Control Department
Suzanne Charlesworth
Wanted to be a nun
Laura Redden
Credit Control Department
Laura Redden
Wanted to be a popstar
Charlene Moran
Credit Control Department
Charlene Moran
Wanted to be an air hostess
Siobhan Ferry
Member Services Officer
Siobhan Ferry
Wanted to be a nurse
Yvonne Doran
Member Services Officer
Yvonne Doran
Wanted to be a vet
Catherine Lynch
Member Services Officer
Catherine Lynch
Wanted to be a librarian
Natasha Francis
Member Services Officer
Natasha Francis
Wanted to be a teacher
Ciara McColgan
Member Services Officer
Ciara McColgan
Wanted to be an artist
Stella Doran
Member Services Officer
Stella Doran
Wanted to be a teacher
Claire Lynch
Member Services Officer
Claire Lynch
Wanted to be a hairdresser
Conor Meehan
Member Services Officer
Conor Meehan
Wanted to be a footballer
KerriLeigh Dalzell
Member Services Officer
KerriLeigh Dalzell
Wanted to be a firewoman
Niamh Kinsella
Member Services Officer
Niamh Kinsella
Wanted to be a paramedic
Contact us
We’re here to help. Get in touch and speak with our friendly staff.
Pennyburn Office
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- 19 Greenhaw Road, Derry BT48 7RZ
- (028)71 352 166
- info@pennyburncreditunion.co.uk
Springtown Office
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- Aileach Road, Derry BT48 0PU
- (028)71 373 513
- info@pennyburncreditunion.co.uk
Opening Hours
- Monday - 9:30 AM - 4:00 PM (Today)
- Tuesday - 9:30 AM - 5:30 PM
- Wednesday - Closed
- Thursday - 9:30 AM - 5:30 PM
- Friday - 9:30 AM - 5:30 PM
- Saturday - 9:30 AM - 2:00 PM
- Sunday - Closed
*Springtown office closed for lunch between 1pm-2pm Monday, Tuesday, Thursday and Friday.
Send us a message
Have questions, need assistance, or want to learn more about our products? We’re only a message away and we’re here to help.