Credit Union

86 results

Credit unions estimate  up to 100,000 of their  members may be in a situation  where they are or will experience loss of income due to coronavirus

Credit unions have urged the Government to introduce regulatory changes to allow them to better respond to members affected by the Covid-19 crisis. T(...)

The Central Bank moved last month to ease restrictions on long-term lending by credit unions, effective from next month. Photograph:  Colin Keegan, Collins Dublin

Saavi, the State’s second-largest credit union, moved in its latest annual report to assure its members that the long-term lending and director expens(...)

Credit Union logo. File photo.

St Agnes’ Credit Union in Dublin said it has been forced to curtail several benefits for members in a bid to cut costs. The Crumlin-based credit union(...)

Savvi, has been fined €185,500 by the Central Bank for breaching its long-term lending limits and paying remuneration to a directo

The State’s second-largest credit union, Savvi, has been fined €185,500 by the Central Bank for breaching its long-term lending limits and paying remu(...)

For the fifth year in a row the Irish Credit Union has taken  the top spot for customer experience, followed by Laya Healthcare and Phonewatch. Photograph: iStock

Bus company CityLink and insurer Allianz were among the biggest losers as they took a hit to their “customer experience” score in a survey of Irish br(...)

Nama has sought investor interest to develop the land on the Poolbeg Peninsula in Dublin’s east end for 3,500 apartments and 1 million sq ft of commercial development.  Photograph: Cyril Byrne / The Irish Times

Monday Indicators: OECD Business and Finance Outlook 2019 publication; UK construction output (July), industrial and manufacturing production (Ju(...)

The most expensive item at secondary school level was books at €220. File photograph: iStock

Back-to-school costs are a financial burden for three-quarters of parents and one-third cannot afford some of the school items needed, a new survey ha(...)

Credit unions represent more than 480,000 members and combined assets of more than €3 billion. Photograph: iStock

Sixteen Irish credit unions have joined with Fexco in a €10 million deal that is intended to support credit union sustainability and improve efficienc(...)

Irish League of Credit Unions Headquarters on Mount Street in Dublin. Many credit unions have been forced to imposing savings caps on their members as a way of reducing their savings levels. Photograph:  Frank Miller

It might sound strange but a surge in savings into the credit union sector is causing major problems, forcing many of the community lenders into impos(...)

Credit unions had €13.2 billion on deposit at the end of March,  and many have imposed savings caps. Photograph: Collins

Credit unions have the capacity to expand their loan books by an average of more than 50 per cent but there is not enough demand for loans among their(...)

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