This name is based on the local patron saint; Cormac Ua Liathain, a native of Cork, who paid a visit to St. Colmcille at the famous monastery he had founded in Durrow in 553 A.D. Cormac was so inspired by the great saint that he joined Colmcille and spent many years at Durrow, eventually taking over as abbot after Colmcille had gone to Iona in Scotland.
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The town offers a number of services to the local population including 2 primary schools, a vocational secondary school run by the VEC, a number of local grocery shops, butchers, clothes shop, doctors practice, chemist and an agricultural/hardware store.