Ervia Employees Credit Union is a financial co-operative which was established in 1984.

It is a registered company affiliated to the Irish League of Credit Unions and regulated by the  Central Bank, the Companies Acts and other relevant legislation.

A Board of Directors consisting of a Chairperson and 10 directors manage the Credit Union.  The operations of the Credit Union are monitored by three members of the board oversight committee. All positions are voluntary and volunteers are nominated and approved in advance and elected on a three-year cycle at the Annual General Meeting.

There are two part time staff, an Office Manager and Office Administrator.

The main function of this Credit Union is to utilise savings to provide loans at reasonable rates of interest.

A non profit making organisation, end of year surpluses (after paying all expenses and making transfers to reserves) are distributed among the members at a rate recommended by the Board to the Annual General Meeting.