Credit Union the most reputable organisation in Ireland The Credit Union is regarded by the public as the most reputable organisation in the country, new research shows. Business • 10 May
Credit union loan arrears at seven year low - report The Central Bank's latest report on the credit union sector has found that the level of lending has returned to pre-pandemic levels, but cautioned that … Business • 30 Mar
Public fear reduced competition in banking sector 82% of the public fear that consumers will be impacted by the decrease in banking competition caused by the exit of Ulster Bank and KBC … Business • 20 Mar
Consumer sentiment hits 7 month high in January Irish consumer confidence hit a seven month high in January, according to the latest Credit Union Consumer Sentiment index. Business • 26 Jan
Credit Unions top Sustainability RepTrak index Credit Unions have the best sustainability reputation in Ireland out of 100 organisations measured, a new survey reveals today. Business • 27 Oct 22
Credit Unions top customer experience rankings again The Irish Credit Union has topped the Customer Experience rankings for the eighth year in a row but also managed to improve its customer score … Business • 18 Oct 22
28% of bank switchers recommend Credit Unions - survey A new survey shows that 28% of recent bank switchers would recommend a Credit Union for banking needs, while 21% would recommend a FinTech. Business • 12 Sep 22
Credit unions call for greater engagement on mortgages The Irish League of Credit Unions has called on the Minister of State for Finance and the Central Bank to engage with the sector 'constructively … Business • 22 Feb 22
12 Metamo credit unions in new deal with Irish Life Twelve of the country's biggest credit unions have agreed a new partnership deal with Irish Life, which will significantly expand their services to members. Business • 21 Feb 22
€100m social housing fund for credit unions launched Specialist asset manger, Gresham House Ireland, has launched a €100m fund to finance the acquisition and construction by Approved Housing Bodies of new homes for … Business • 21 Jan 22
Risks remain for credit unions despite improvements A new report on the credit union sector by the Central Bank shows another challenging year as credit unions continued to navigate through the impacts … Business • 14 Dec 21
Levies on Credit Unions further reduced The two main regulatory levies imposed on credit unions to afford the institutions financial head room have been further reduced by the Minister for Finance … Business • 27 Sep 21
Lack of online services saw 1 in 3 closing CU accounts Around a third of people surveyed by a company that provides technical expertise to the credit unions sector said they had closed their credit union … Business • 14 Jun 21
Credit unions face 'golden opportunity' amid bank exits New research reveals that 58% of people who do not use a credit union as their main financial institution would consider switching to a credit … Business • 10 May 21
Virtual AGM deadline for credit unions extended The timeline allowing credit unions to hold their annual general meetings virtually has been extended until the end of June. Business • 21 Apr 21
New software enables credit unions to digitise services Wellington IT, the technology partner to the Irish credit union sector, has launched its new cloud service to enable credit unions to automate and digitise … Business • 21 Dec 20
Savings and loans gap a challenge for credit unions There was a 7% increase in total savings in the country's credit unions in the year to the end of September, according to the Central … Business • 17 Dec 20
Central Bank finds weaknesses in some credit unions Weaknesses have been identified in a number of credit unions as part of a supervisory analysis conducted by the Central Bank. Business • 08 Sep 20
App for credit union members launched by Wellington IT A new banking app that enables credit union members to manage their accounts online, has been launched by Wellington IT, technology partner to the credit … Business • 01 Sep 20
Two Galway credit unions announce plans to merge Two of the largest credit unions in the west of the country have announced plans to merge. Business • 15 Jun 20
Credit unions top Ireland RepTrak 2020 study The credit union sector took the top spot overall as the most reputable organisation in Ireland, the latest Ireland RepTrak 2020 study shows. Business • 07 May 20
Donohoe discusses Covid-19 with credit unions The Government said today it continues to support credit unions as a provider of essential services to their members, including access to income, savings, credit … Business • 23 Apr 20
Credit unions facing challenges despite strong reserves A new report on credit unions show that they continue to face financial challenges in terms of income generation and return on assets due to … Business • 17 Dec 19
New lending rules for credit unions from January The Central Bank has said it will allow credit unions undertake increased longer term lending, including home mortgage and business lending. Business • 21 Nov 19
Credit unions to offer current account services Dozens of credit unions across the country are gearing up to take on the banks by offering current accounts for the first time. Business • 17 Oct 19