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Consumer sentiment improves slightly in August - survey

Consumer sentiment recovered in August from a near two-year low as concerns about the impact of tariffs on European Union exports to the US appeared to ease, a survey showed today.

Business • 26 Aug

The CUAC is an advisor to Minister Jack Chambers on credit union issues.

New members appointed to Credit Union Advisory Committee

The Minister for Finance has appointed Therese Conway and Professor Brian O'Kelly to the Credit Union Advisory Committee (CUAC).

Business • 06 Nov 24

Consumers felt better about their finances - and the outlook for the year ahead - leading more of them to plan major purchases

Consumer sentiment hits 2 1/2 year high in July

The consumer mood has risen to its highest level in two and a half years, according to the latest Credit Union consumer sentiment index.

Business • 26 Jul 24

The research was carried out by Metamo, a joint venture between 16 of Ireland's largest Credit Unions.

Credit Unions have seen 'considerable transformation'

Almost 60% of members believe their Credit Union has undertaken considerable transformation over the past five years, a new survey shows.

Business • 24 Jul 24

While the rate of inflation has eased, the report suggests that consumers are disappointed that things are not improving as fast as they had hoped.

Consumer sentiment falls for fourth month in a row

Consumer sentiment fell for the fourth month in a row in May, new data shows.

Business • 23 May 24

JP Scally, CEO Lidl Ireland, Niamh Boyle, CEO, The Reputations Agency, Stephen Watkins, Managing Director of Boots Ireland and David Malone, CEO, Irish League of Credit Unions

Credit Unions top reputation ranking, RTÉ falls sharply

The Credit Union are regarded by the public as the most reputable organisation in the country, according to the RepTrak report.

Business • 15 May 24

Third month of decline in consumer sentiment in a row

There was a marginal fall in consumer sentiment for a third month running in April, the latest consumer sentiment index from the Credit Union has found.

Business • 26 Apr 24

Credit Union house loans increased by 53% from €317m in 2022 to €484m in 2023 , a new Central Bank report shows

Credit Union home loans up by 53% in 2023 - Central Bank

A new Central Bank report on the financial conditions of credit unions shows increased levels of lending and saving among members but also an increase in early stage arrears.

Business • 08 Apr 24

More than 420,000 loans were issued in the year to September by ILCU-affilliated lenders

Highest level of new credit union lending in 14 years

Credit unions affiliated with the Irish League of Credit Unions (ILCU) reported the highest level of new lending since 2009 in the last year, the latest results for the group show.

Business • 06 Dec 23

The ongoing recovery in sentiment from the 14 year low seen in September 2022 suggests consumer fears are continuing to ease

'Consumers feeling strengths as well as strains'

The pressures facing Irish consumers are fading but are far from finished, according to the Credit Union Consumer Sentiment Index, which showed the mood among consumers improved fractionally in July.

Business • 21 Jul 23

The research shows that 51% of respondents reported a high level of trust in Credit Unions

Credit Unions the most trusted financial institutions

Credit Unions are the most trusted financial institutions in the country, according to a new survey by Peopl Insurance.

Business • 22 Aug 22

Niamh Boyle, Managing Director of The Reputations Agency, and Debbie Byrne, Managing Director Retail at An Post

An Post tops list of 100 most reputable firms here

An Post has taken the top spot in the rankings of the most reputable firms and organisations in the state, followed by the Irish League of Credit Unions and retailer, Lidl.

Business • 06 May 22

Ian Glenn, the chief technical officer of Wellington IT

Wellington IT sees 131,000 credit union app downloads

Wellington IT, the technology partner to the Irish credit union sector, said it has recorded 131,061 downloads of its cuMobile app among credit union members since its launch in August 2020.

Business • 21 Dec 21

The Central Bank said its review found 'a number of key risk management weaknesses' at credit unions

Credit unions urged to improve risk management process

A review published today by the Central Bank has found what it describes as "weaknesses" in risk management procedures by some credit unions.

Business • 19 Nov 21

CU tops customer experience list for 7th year running

Pharmacies and coffee companies have maintained their high rankings in the latest survey of brands based on customer experience in Ireland.

Business • 19 Oct 21

Fitbit Pay and Google Pay available via credit unions

Credit union current account holders can now use the Google Pay and Fitbit Pay contactless services to pay for goods.

Business • 06 Dec 20

The Credit Union has topped the CX rankings for the past six years in a row

Credit Union tops Customer Experience rankings again

The key role which frontline staff play in helping companies to exceed customers' expectations during Covid-19 is one of the key themes to emerge in the latest annual survey of Irish brands based on customer experience.

Business • 20 Oct 20

Credit unions collectively paid €12m under the Credit Institution Resolution Levy last year

Donohoe announces adjusted credit union levies

The Government has reduced the amount that credit unions will have to pay next year into funds for resolving financial difficulties in individual institutions.

Business • 09 Oct 20

The Central Bank said it took the action to protect members' savings at Drumcondra and District Credit Union

Provisional liquidator at Drumcondra Credit Union

The Central Bank has made an application to the High Court to have a provisional liquidator appointed to Drumcondra and District Credit Union in Dublin.

Business • 02 Jul 20

Committee Chairman John McGuinness said credit unions play 'a crucial part' in the country's financial system

Credit unions should be allowed help housing crisis

A new report on the credit union sector says the movement has the capacity to survive and flourish into the future, but change must be part of that process.

Business • 29 Nov 17

The new mortgage service is initially being made available to credit unions representing almost one million credit union members

Credit Unions set to target mortgage market

Credit Unions are set to enter the mortgage market with up to €400m available for new loans.

Business • 23 Jan 17

The loan scheme is designed to combat the extremely high interest rates from moneylenders

Microcredit scheme to be extended nationwide

A pilot microcredit scheme for people in receipt of social welfare payments is to be rolled out nationwide

Business • 26 Jul 16

Credit Union survey shows that 30% of participants feel better about their financial position in the run-up to Christmas

Consumers to spend less on Christmas this year

A new survey from the Irish League of Credit Unions has found Irish people have said they will spend slightly less on Christmas this year compared to last.

Business • 24 Nov 15

CEXI.org said the success of the credit union in its survey was due to its 'ethos and culture'

Credit Union tops new Customer Experience poll

The country's credit unions have topped a survey of Irish brands based on the experience of their customers.

Business • 21 Sep 15

Over two-thirds of those surveyed said the costs impact their ability to pay household bills

Parents face back-to-school costs of €400

A survey has found that parents will spend an average of almost €400 per child on uniforms and books this September.

News • 08 Jul 15