Paul Bailey

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Credit unions are also obliged to place €10 of every €100 saved into a reserve fund under Central Bank regulations.

A Cork credit union is to become the first in Ireland to introduce charges on accepting member deposits, as the sector continues to grapple with the c(...)

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(...)

The study, which was commissioned by the Irish League of Credit Unions (Ilcu) and carried out by i-Reach Insights, involved 1,000 adults across the State.  Photograph: iStock

Six in 10 credit card users don’t know what interest rate they pay, according to a new survey. Slightly more, seven in 10, agree that adults in Irelan(...)

The average loan taken by consumers from financial institutions this year is  likely to be about €8,500, a survey by the Irish League of Credit Unions has found. File photograph:  iStockPhoto

A quarter of consumers say they have plans to borrow money from a financial institution this year with the average loan likely to be about €8,500, acc(...)

Of those parents in debt, more than a quarter say they have turned to a moneylender in an effort to cope with back-to-school costs.

Rising numbers of parents say they are falling into debt in order to cover back-to-school costs . An annual school-costs survey commissioned by the I(...)

The Berrien County Courthouse is cordoned off as Michigan State Police investigate the crime scene on Monday. Photograph: Mark Bugnaski/Kalamazoo Gazette via AP

A US prisoner trying to escape from a Michigan court wrestled a gun from an officer, killing two bailiffs and injuring two more people before he was (...)

Two bailiffs were shot and killed inside a courthouse in St Joseph in southwest Michigan on Monday and the suspect in the shooting was also killed, Berrien County Sheriff Paul Bailey has said. File photograph: Google Street View

Two court bailiffs were shot and killed inside a courthouse in St Joseph in southwest Michigan on Monday and the shooter was also killed, Berrien Cou(...)

The Department of Health is to take action to prevent seagull attacks on maintenance staff. Photograph: Dara Mac Donaill/The Irish Times

Maintenance crews at the Department of Health in Dublin are having to run the gauntlet of frenzied seagull attacks and managers are now taking action (...)