Photograph: iStock

Up to €10 million is expected to be loaned to credit union members for a new home improvement funding scheme this year. The ProEnergy Homes scheme w(...)

Senator Rose Conway-Walsh (SF) said people were paying moneylenders ‘extortionate fees’, ahead of making mortgage repayments. File photograph:  Dara Mac Donaill

Easing caps on rates credit unions can charge would help tackle the “open season” of high-interest moneylenders operating across the country, credit u(...)

Credit unions want greater flexibility to set their own business models. Photograph: Colin Keegan/Collins Dublin.

The Minister for Finance Paschal Donohoe is set to press ahead with plans to allow credit unions to hike up the cost of the loans they offer their cus(...)

Central Bank  headquarters: credit unions need to invest in new technologies in order to compete with challenging new entrants to the market, according to the bank. Photograph: Niall Carson/PA Wire

Credit unions need to invest in new technologies in order to compete with challenging new entrants to the market, according to the Central Bank. Pat(...)

New home loans advanced by credit unions in 2016 amounted to just €37.1 million out of a total of €6.7 billion. Photograph: Miguel Medina/AFP/Getty Images

The Credit Union Development Association (CUDA) held its AGM last weekend at the Breaffy House Resort in Co Mayo. With 12 full members, CUDA is the (...)

Under the existing rules, credit unions are permitted to invest in a range of specified classes.

The Central Bank of Ireland is planning to review the regulations around how credit unions can invest their members’ funds, in a move that could open (...)

The Central Bank said that credit union lending continues to fall, dropping from €7 billion in 2008 to just €4 billion in 2015 - a near 15-year low. (Photograph: Matt Kavanagh/The Irish Times)

The Central Bank is set to amend a new rule introduced on January 1st which prevented credit unions from accepting deposits of more than €100,000 per(...)

The Credit Union Restructuring Board (Rebo) last month said it now only expected to spend €20 million on the consolidation process by the time it winds up in March

Central Bank proposals to exert stronger regulatory oversight on the credit union sector are “overzealous” and “take risk management to a point where (...)

Credit unions are keen to provide more direct competition with banks. Photograph: Colin Keegan, Collins Dublin

Having run a consultation exercise on its proposals for new regulatory requirements for the credit union sector, the Central Bank has now published it(...)

Credit unions said on Friday that the new regulations place “unwarranted restrictions” on credit unions, and send out a message that may cause “reputational damage” to the movement. (Photograph: Matt Kavanagh/The Irish Times)

Credit unions across the country have criticised the publication of new regulations by the Central Bank on Friday morning, arguing that they will res(...)

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