# credit-unions - Monday 25 February, 2013
The Teens & Money survey by the Irish League of Credit Unions shows that 80 per cent of teenagers worry about the costs associated with third level education.
# credit-unions - Thursday 17 January, 2013
the final 2012 ‘What’s Left’ tracker series conducted by the Irish league of Credit Unions shows 61% of people have €100 or less left at the end of the month once essential bills are paid.
# credit-unions - Thursday 13 December, 2012
TDs finally get to vote on controversial measures like cuts to respite care grant this morning.
# credit-unions - Tuesday 11 December, 2012
James Reilly formally asks for a €360 million HSE bailout today, as the Dáil also debates Sinn Féin’s motion of no confidence.
# credit-unions - Monday 12 November, 2012
Only two out of five of us will be able to get through Christmas just on our regular income – although credit card use is set to drop, according to Irish credit unions.
# credit-unions - Wednesday 3 October, 2012
The Irish League of Credit Unions said the decline is due to a “severe lack of demand and continued restrictions on lending”.
# credit-unions - Tuesday 31 July, 2012
Half of those stress-tested by the credit and risk analyst also showed signs of being on the brink of failure.
# credit-unions - Monday 9 July, 2012
A new survey says that 47 per cent of consumers struggle to pay all of their bills on time. Are you up-to-date with your bills?
Nine things you need to know this morning…
# credit-unions - Monday 30 April, 2012
The Finance Minister is to establish an implementation group in order to facilitate the restructuring of the the country’s Credit Unions.
# credit-unions - Friday 27 April, 2012
Credit Unions in Howth and Malahide are in talks about an expected merger on foot of a report which recommend mergers across the sector.
# credit-unions - Wednesday 18 April, 2012
All the biggest news stories from the day, as well as the few bits and pieces you might not have seen.
The Finance Minister has said recommendations made by the Commission on Credit Unions will inform Government policy on credit unions for the “foreseeable future”.
# credit-unions - Thursday 15 March, 2012
The Consumers’ Association of Ireland has said there aren’t enough financial institutions in the market competing to provide better deals for consumers.
# credit-unions - Tuesday 20 December, 2011
The European Commission approves the Irish government’s latest measures to support the ailing financial system.
# credit-unions - Monday 21 November, 2011
A Credit Union survey says some households won’t finish paying off their Christmas bills until July. How will you cope with the season?
The average Irish child will receive €164 worth of presents from their parents, according to the Irish League of Credit Unions.
Nine things to know by 9am: Reports that dole could be cut, Mayo Garda station in firebomb attack, Robbie helps Galaxy to MLS glory, and the anniversary we’d rather forget
# credit-unions - Friday 18 November, 2011
TheJournal.ie has obtained the documents, given to German MPs, which outline the contents of the 2012 and 2013 Budgets.
# credit-unions - Monday 17 October, 2011
The latest Disposable Income Tracker by the Irish League of Credit Unions shows families’ concerns over making ends meet and heating their homes this winter.
# credit-unions - Friday 14 October, 2011
5 minutes, 5 stories, 5 o’clock…
The Commission on Credit Unions says the government should be able to recapitalise credit unions if deemed necessary.
# credit-unions - Thursday 6 October, 2011
Finance minister Michael Noonan has also said that the banking sector is now well-placed to deal with any further distress in the economy.
# credit-unions - Monday 18 July, 2011
Nine things to know this morning: Darren Clarke’s remarkable Open triumph, how Irish households are under new financial pressure, and the new trend replacing ‘planking’…
# credit-unions - Thursday 16 June, 2011
The Commission on Credit Unions will also recommend the most effective regulation of branches. It has been warned that 80 of the institutions could face closure because of unpaid loans.
# credit-unions - Wednesday 15 June, 2011
CUNA Mutual, a major insurer of Irish credit unions, says a fifth of branches could close over mounting lending losses.
# credit-unions - Tuesday 14 June, 2011
All the day’s news, and the bits and pieces you may have missed…
The Cabinet will soon discuss a solvency plan that could see the State provide a capital injection into credit unions.
# credit-unions - Monday 8 November, 2010
The registrar of Credit Unions says some will not survive the downturn.
# credit-unions - Thursday 26 August, 2010
A SURVEY OF IRISH credit unions shows that the vast majority – 90% – of branches believe an image change is in order if they are to attract new customers.
The same percentage also said they also wanted a change of leadership in the sector.
The results of the independent survey were announced today at a credit union conference in Dublin, which was attended by members from all over Ireland.
Members also supported greater branch-to-branch cooperation, and even mergers. In May, the registrar of credit unions told an Oireachtas Committee that some credit uinions may not be able to continue as individual entities if they are facing serious funding issues.
90% of members also said they were optimistic about the future of the sector.
Last month, the Irish League of Credit Unions said it welcomed the appointment of independent consultants to review the sector’s financial standing, and told their members that their savings were safe.
# credit-unions - Tuesday 27 July, 2010
CREDIT UNIONS are the next financial institutions to be examined by the Central Bank and the Financial Regulator. Minsiter Lenihan requested the review of the credit unions to identify the laws and regulation required for the sector.
The first phase of the review will focus on the finances and risk profiles of credit unions across Ireland.
A joint statement from the Central Bank and the Financial Regulator today said:
In the current challenging economic environment it is important in the interest of members and the sector as a whole that there is a strong and healthy credit union sector.
They said that “strong leadership” of the credit unions will be necessary for steering them through “these uncertain times.”
There are over 500 credit unions with 2.9 million members in Ireland, according to the Irish League of Credit Unions.