The Central Bank has secured orders permitting the public release of some of the material used to support its application leading to Newbridge Credit Union being subsumed into Permanent TSB for €54 million.

The Central Bank has secured orders permitting the public release of some, but not all, of the material used to support its application leading to New(...)

 Newbridge Credit Union (NCU) protest meeting. The board, which has fought with the regulator over the running of NCU for years, said it is working on a plan with its lawyers. It said the financial stability laws used to force the PTSB deal were never intended for credit unions.

The board of Newbridge Credit Union (NCU), which this week received a €54 million government bailout and was subsumed by Permanent TSB, has criticise(...)

 President of the High Court Mr Justice Nicholas Kearns was thanked by Bernard Dunleavy, for the directors of Newbridge Credit Union, for  his remarks that the special manager should have regard to the fact that fees had to be borne by the ordinary members of the credit union. Photograph: Alan Betson

Mary Carolan The special manager of Newbridge Credit Union has agreed to reduce by €55,000 a bill of €449,568 fees sought to c(...)