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Friday 1 December 2023 Dublin: 2°C

# Credit Union

This year
New legislation will allow credit unions to take part in loan syndications
Credit unions will also be given powers to refer members to another credit union in situations where it could not provide the service the customer was requesting.
Back to school: Costs going down but parents still going into debt
Parents have cut back significantly on extracurricular activities, while 13% are seeking loans to cover costs.
Retired bus driver stole €100,000 from Citybus Employee Credit Union causing it to close
The former chairman of the credit union’s board pleaded guilty to 10 counts of forgery, 41 counts of theft and 31 counts of money laundering.
All time
Face coverings are now mandatory in banks, post offices and credit unions
The Financial Services Union has welcomed the decision by Minister for Health Stephen Donnelly.
Woman arrested in €1.2 million credit union fraud investigation released without charge
A file is to be sent to the Director of Public Prosecutions.
Woman arrested in relation to misappropriation of €1.2 million at Dublin credit union
The 60-year-old woman is being detained at Balbriggan Garda Station.
Tribute: John Hume said setting up the first credit union in Northern Ireland was 'the thing I'm proudest of'
John Hume saw how people from a working class background were locked out of borrowing from banks, writes Gerry Thompson.
Shaking off a 'staid impression': Re-imagining the credit union in the fintech era
As banks spend fortunes embracing tech, credit unions are revamping to ensure they aren’t left behind.
Adrian Donohoe murder trial: Paramedic tells court garda's injuries were 'inconsistent with life'
The trial continues in front of Justice Michael White and a jury of eight men and seven women.
Adrian Donohoe murder trial: Garda tells court he feared for his life as armed robber threatened him with a gun
Aaron Brady has pleaded not guilty to the murder.
Credit unions across Ireland roll out new current account service
115 branches have begun rolling out the service today under the brand.
Parents are spending €1,399 getting their child ready to go back to secondary school
Parents of primary school students are paying €50 less than last year, while parents of secondary school students are paying €20 more.
Credit unions are to be given more freedom to compete with moneylenders, so what would this mean?
It could mean they can offer small loans to people who otherwise mightn’t get credit.
Credit unions have never had as much in assets - but there are far fewer of them
The analysis found that assets in Irish credit unions total €17.2 billion.
Parents turning to moneylenders to cope with back-to-school costs
More than one-third of parents in Ireland say they are debt due to these costs.
Man (20s) arrested in connection with murder of Garda Adrian Donohoe
The detective garda was killed in the line of duty at a credit union in Bellurgan in Co Louth in 2013.
'A disgrace and a disaster': Charleville Credit union placed in liquidation
Customer deposits up to €100,000 are protected.
Ryanair drops from top 100 Irish brands list after seating-allocation storm
Meanwhile, Irish Credit Unions topped the list for the third year in a row.
The average back-to-school spend is now €1,209 per child
There has been a slight drop in the number of parents getting into debt to fund these costs.
Rank-and-file gardaí refuse to give social club bank details to management
The GRA has advised its members not to hand over this information as these accounts do not contain public funds.
Man accused of abducting, and stealing savings from, his own elderly father granted bail
Accused James O’Connor is charged with abduction and is also alleged to have stolen over €8,000 of his father’s pension and credit union savings.
One in four adults are living in an unsuitable home but can't afford to move
Some are planning to extend or convert their home for more space.
Staff member dismissed after financial irregularities at Cork Credit Union
This is the county’s second credit union scandal in less than two weeks.
Gardaí investigate after money taken out of credit union accounts
A garda investigation into the incident is ongoing.
Gambian people are using the Irish Credit Union system to get themselves out of poverty
‘I didn’t have to go to the US for a job, I’m now self-employed thanks to the Credit Union’.
An 'unacceptable' number of credit unions aren't doing background checks on staff
Credit unions were required to perform due diligence on individuals to ensure that they were qualified for the job.
5,600 enquiries, 20,000 hours of CCTV footage - Garda Adrian Donohoe's murder is still unsolved
The 41-year-old was killed in the line of duty at Lordship Credit Union in Bellurgan, near Dundalk, Co Louth, on 25 January 2013.
WATCH: Credit Union surprises 'ordinary people doing extraordinary things' in Cork
This is lovely.
Bray Credit Union fined €98,000 for breaching money laundering and terrorist finance laws
The regulator is “concerned” that the breaches occurred over a five-year period.
Hostages rescued after standoff with gunman in Florida
A SWAT team stormed the building after the gunman was distracted by two people making a run for it.
Rush Credit Union: Report finds 15 cars bought for car draw but can't find details of the winners
A liquidator has been appointed to the beleaguered institution.
"A major cause of concern": Shock as liquidator appointed to Rush Credit Union
Earlier this year gardaí confirmed they were investigating reports of financial irregularities at the credit union.
17-year-old girl sues uncle after €50k taken from account after death of her parents
The teenager’s parents passed away within two months of each other earlier this year.
Over a quarter of credit unions are limited in what they can lend you
The Central Bank will occasionally impose the restrictions in cases where there are questions over a credit union’s liquidity or stability.
New welfare scheme offers same-day turnaround for small loans
The loans of up to €2000 can be used for things like Christmas presents, or back-to-school expenses.
Less than 10% of credit unions affected by rules limiting how much you can save
The CP88 process resulted in a rule limiting how much a member could save with credit unions to €100,000.
Gardaí investigating €700,000 missing from Dublin credit union
Gardaí today confirmed that they are investigating reports of financial irregularities at the credit union.