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The Central Bank looked at a number of Credit Unions as part of its report

Credit Unions have money laundering 'deficiencies'

The Central Bank has identified what it called "widespread" deficiencies in the policies and procedures in operation at Credit Unions to guard against money laundering.

Business • 21 May 15

Martin Sisk said that there should be more flexibility for credit unions to make small loans

Credit union discusses small loan red tape

The head of the Irish League of Credit Unions Martin Sisk has said some members seeking to borrow small amounts are turning to money lenders over red tape.

News • 25 Apr 15

The ILCU said it may also be possible for parents to borrow deposits from a Credit Union for their children

Credit unions could offer mortgages to members

The body representing credit unions has confirmed it is exploring the possibility of offering mortgage loans to members.

News • 09 Feb 15

Irish consumers expect to spend on average €600 this festive season

Irish consumers to spend €600 on Christmas

Half of people surveyed by the Irish League of Credit Unions plan to borrow money to cover the cost of Christmas.

Business • 08 Dec 14

Credit Unions will have tighter restrictions on savings and lending under the proposed rules

Central Bank plans new rules for Credit Unions

Credit Unions will be forced to reduce the amount their customers can save under new regulatory proposals from the Central Bank.

Business • 27 Nov 14

Tony Delaney said lessons need to be learned from yesterday's court case

Caution urged after PI data breaches

The Assistant Data Protection Commissioner has said lessons have to be learned from a case involving a private investigator who was convicted of illegally accessing personal information and passing it on to credit unions.

News • 25 Nov 14

Anne Marie McKiernan will take up the role in September

Central Bank names new credit union registrar

The Central Bank has appointed Anne Marie McKiernan as its new registrar of credit unions.

Business • 04 Jul 14

The proceedings were taken over the way the Central Bank issued regulatory directions to some Credit Unions

Credit Unions withdraw legal action

Maynooth Credit Union and the Irish League of Credit Unions (ILCU) have agreed to drop legal action they had taken against the Central Bank.

Business • 08 Apr 14

The consultation process on the Credit Union Stabilisation Fund has now begun

Consultation on €30m Credit Union fund begins

The Department of Finance is proposing a levy on credit unions to contribute towards a €30m "stabilisation fund" to address a shortfall in reserves at some, otherwise viable, institutions.

Business • 26 Feb 14

Just over 1m people are left with €50 or less at the end of the month after their bills have been paid

Disposable income up €49 a month, survey suggests

Disposable income has increased by an average of €49 a month, according to the latest What's Left tracker by the Irish League of Credit Unions.

News • 21 Jan 14

A total of €1.6 billion in credit union loans was taken out in the nine months to September

Fewer credit union loans being taken out

People are still joining credit unions but existing members are taking out fewer loans and members are continuing to pay down debt.

Business • 17 Dec 13

The transfer was required due to the financial difficulties at Newbridge Credit Union and following a decision of Naas Credit Union not to proceed with its proposed combination with Newbridge

Newbridge Credit Union transferred to PTSB

The Central Bank has confirmed that it has transferred Newbridge Credit Union to Permanent TSB.

News • 11 Nov 13

Survey showed four in ten people put off paying essential bills on time because they could not afford to

Credit Union survey reveals struggle to pay bills

A survey by the Irish League of Credit Unions shows that one-in-five Irish adults have less than €20 a month in disposable income after essential bills are paid.

News • 24 Sep 13