The Credit Union movement has, across many decades, impacted profoundly on the lives of Irish citizens. Rooted in a spirit of human solidarity, it has grown and flourished across Ireland. Today it is an integral part of our communities, and a familiar and reassuring sight in our towns, villages and suburbs. The Credit Union movement is, of course, an all-island body. Indeed, the late John Hume, whose achievements were so distinguished and so impressive, once said that setting up the first Credit Union in Northern Ireland is the act of which he was most proud.

It is also a movement that embraces the principles that must lie at the heart of any ethical and democratic society – unanimity, compassion and participative citizenship. It was those principles that first impelled Nora Herlihy, Sean Forde and Seamus P. MacEoin to found the Credit Union movement, and those values that have inspired the many generous volunteers who continue to give freely of their time and expertise to the sustaining and development of the movement.

In a rapidly changing Ireland, the Credit Union movement has been challenged to continually evolve and adapt, while maintaining the caring vision and sprit of the human empathy that has always been its driving force. It is a challenge to which you have all risen with commitment and dedication, ensuring our credit unions remain economically viable, while continuing to respect the dignity of their members.

May I take this opportunity to thank and commend you for the vital contribution you make to our society, and to the lives of the many citizens who have been empowered by their membership of a Credit Union.

I wish you a most fruitful AGM and every success as you continue your important work.

Michael D. Higgins, Uachtarán na hEireann, President of Ireland