The reduction of the stabilisation fund charge means that for a credit union with €100m in assets, the levy in 2021 would have been €16,400, but will now be reduced to €1,554. File photograph: Frank Miller/The Irish Times

Minister for Finance Paschal Donohoe has reduced the two main regulatory levies imposed on credit unions to afford them financial head room amid the C(...)

Upwards of 42 per cent of the parents worried about their child’s mental health for the upcoming term if they did not return to school in a full-time classroom setting, with a further 41 per cent concerned about their children catching up on missed teaching. Photograph: iStock

Over a fifth (22 per cent) of Irish parents have experienced a reduction in household income due to Covid-19. A similar number (21 per cent) have foun(...)

Three-quarters of parents say back-to-school costs are a financial burden, according to a survey last year by the Irish League of Credit Unions (ILCU). Photograph: Dave Thompson/PA

Parenting while working from home in a pandemic has been fun. But with any luck, this 18-week long play date is coming to an end, as children return t(...)

Collapse of Drumcondra Credit Union marks the fifth time the deposit guarantee scheme has been invoked. Photograph: Colin Keegan/ Collins Dublin

Compensation of about €12.9 million has been paid to members of Drumcondra and District Credit Union following its collapse earlier this month after e(...)

As many as 82 per cent of credit unions in Connacht have introduced payment breaks. Photograph: Colin Keegan/Collins Dublin.

More than 60 per cent of credit unions are offering payment holidays, a survey carried out on behalf of the Irish League of Credit Unions (ILCU) has f(...)

Provisional liquidators have been appointed to Drumcondra and District Credit Union after efforts to fold its business into a stronger peer failed. Photograph:  Colin Keegan, Collins

Provisional liquidators have been appointed to Drumcondra and District Credit Union after efforts to fold its business into a stronger peer failed. Th(...)

ILCU chief executive Ed Farrell: ‘It is disappointing that the regulator is maintaining the status quo in the changed circumstances’

The Irish League of Credit Unions (ILCU) has accused the sector’s regulator of double standards after it denied its request for leeway on regulation d(...)

More than half the population own a credit card but  58 per cent don’t know what interest they pay.  Photograph: iStock

The majority of people who own a credit card don’t know what interest rate they may have to pay, a survey commissioned by a credit union lobby group h(...)

Niall Wynn, owner of Proper Order Coffee Cafe Haymarket, Smithfield, Dublin with one of his compostable coffee cups. In November Minister for Climate Action and Environment Richard Bruton launches a public consultation on levies on single-use coffee cups. Photograph: Alan Betson/The Irish Times

JANUARY New Central Bank rules aimed at helping consumers save money on their mortgage repayments and making mortgage switching easier come into effe(...)

Matthew Heffernan, of Vereker Gardens, Ennis Road, Limerick, a field officer with the ILCU, pleaded guilty to six counts of deception at Berehaven Credit Union in Castletownbere between 2004 and 2009. File photograph: Alan Betson

A 71-year-old former official with the Irish League of Credit Unions has been given until next April to repay an outstanding balance of almost €20,000(...)

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