ILCU and its member, Maynooth Credit Union, yesterday dropped a lawsuit against the regulator, partly because ILCU said it had secured, from the Central Bank, a “unique” consultative role whenever there are talks between the bank and ILCU credit unions over issues such as financial stability.

Differences have emerged between the Irish League of Credit Unions (ILCU) and the Credit Union Development As(...)

A phased review of the assets of credit unions was initiated two years ago due to concerns about the stability of the credit union sector, the (...)

Paul Gallagher said the credit union was adopting a “bizarre” position. Photograph: Alan Betson/The Irish Times

The regulator acted against Maynooth Credit Union on the basis of a report compiled by accountants Deloitte containing “self-contradictory” and “un(...)

The ILCU and Maynooth Credit Union yesterday asked the president of the High Court, Mr Justice Nicholas Kearns, not to allow an in camera hearing

The Irish League of Credit Unions (ILCU) and Maynooth Credit Union have asked the High Court to direct that their challenge to regulatory directions i(...)

The Central Bank and the State’s credit unions are set for a showdown next week

The Central Bank and the State’s credit unions are set for a showdown next week after an umbrella group accused the bank of adopting an incoherent app(...)

The Central Bank and the State’s credit unions are set for a showdown next week

The Central Bank and the State’s credit unions are set for a showdown next week after an umbrella group accused the bank of adopting an incoherent (...)