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03/06/2014 BUTTS COMMUNITY BANK ST. CANICES COMMUNITY ACTION LTD ACTION LTD.

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Presentation on theme: "03/06/2014 BUTTS COMMUNITY BANK ST. CANICES COMMUNITY ACTION LTD ACTION LTD."— Presentation transcript:

1 03/06/2014 BUTTS COMMUNITY BANK ST. CANICES COMMUNITY ACTION LTD ACTION LTD

2 03/06/2014

3 HISTORY OLDEST COMMUNITY IN THE CITY OLDEST COMMUNITY IN THE CITY SETTLED SINCE MEDIEVAL TIMES SETTLED SINCE MEDIEVAL TIMES BUTTS COMMUNITY GOT ITS NAME FROM THE AREA USED TO PRACTICE ARCHERY. BUTTS COMMUNITY GOT ITS NAME FROM THE AREA USED TO PRACTICE ARCHERY. CONSTRUCTION OF PRESENT DWELLINGS BEGAN IN LATE 1920S CONSTRUCTION OF PRESENT DWELLINGS BEGAN IN LATE 1920S

4 03/06/2014 BACKGROUND FOUNDED IN 2007 FOUNDED IN 2007 IDENTIFIED NEEDS OF LOCAL PEOPLE IDENTIFIED NEEDS OF LOCAL PEOPLE HIGH INSTANCE OF MONEYLENDERS IN THE COMMUNITY HIGH INSTANCE OF MONEYLENDERS IN THE COMMUNITY LIMITED ACCESS TO BANKING AND SAVING FACILITIES FOR OLDER PEOPLE LIMITED ACCESS TO BANKING AND SAVING FACILITIES FOR OLDER PEOPLE

5 03/06/2014 HOW IT WORKS COMMITTEE COMPRISING 9 VOLUNTARY MEMBERS. COMMITTEE COMPRISING 9 VOLUNTARY MEMBERS. TELLERS TELLERS LODGEMENTS LODGEMENTS WITHDRAWLS WITHDRAWLS 48 SAVING WEEKS PER YEAR 48 SAVING WEEKS PER YEAR

6 03/06/2014 PROCEDURES STRICT CONFIDENTIALITY STRICT CONFIDENTIALITY MAXIMUM DEPOSIT AMOUNT MAXIMUM DEPOSIT AMOUNT CHECKS AND BALANCES CHECKS AND BALANCES SECURITY OF DEPOSITS SECURITY OF DEPOSITS AGM AGM

7 03/06/2014 STATISTICS YEARNO. OF MEMBERS AVERAGE WEEKLY SAVINGS , , , , , ,965.69

8 03/06/2014 OUTCOMES LESS RELIANCE ON MONEYLENDERS IN THE COMMUNITY LESS RELIANCE ON MONEYLENDERS IN THE COMMUNITY ENCOURGE SAVING, ESPECIALLY YOUNG SAVERS ENCOURGE SAVING, ESPECIALLY YOUNG SAVERS INCREASE IN COMMUNITY COHESION INCREASE IN COMMUNITY COHESION EG. SOCIAL OUTLET INCREASE IN PERSONAL AND COMMUNITY CAPITAL INCREASE IN PERSONAL AND COMMUNITY CAPITAL

9 03/06/2014 OUTCOMES INCREASE IN COMMUNITY SAFETY AND WELLBEING INCREASE IN COMMUNITY SAFETY AND WELLBEING EVIDENCE HAS SHOWN THAT THIS IS A VALUABLE COMMUNITY RESOURCE EVIDENCE HAS SHOWN THAT THIS IS A VALUABLE COMMUNITY RESOURCE AS IDENTIFIED IN THE THREE YEAR AREA ACTION PLAN AS IDENTIFIED IN THE THREE YEAR AREA ACTION PLAN

10 03/06/2014 MORE INFORMATION SHOULD YOU REQUIRE FURTHER INFORMATION PLEASE CONTACT: SHOULD YOU REQUIRE FURTHER INFORMATION PLEASE CONTACT: Patrick McAuley – Patrick McAuley – Carmel Joyce – Carmel Joyce – David Barry – David Barry –


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