press releases from 2009

14-year old moviemaker wins first prize in national credit union video clip competition

Media Release: 15 January 2009
14-year old Paul Leonard from Grange, Co. Sligo was today (15 January 2009) presented with a cheque for €4,000 at an award ceremony in the Irish League of Credit Unions' head office in Dublin as winner of the first ever, national credit union Video Clip competition.

Credit Unions award €120,000 / £90,000 to five special needs groups

Media Release: 29 January 2009
Kildare Services St. Raphael’s - a residential and day-care centre which caters for people with an intellectual learning and/or physical disability today (29.01.09) won the top award of €40,000 in the Credit Union Community Chest grant scheme.

Poster Competition winners get awards in Dublin

Media Release: 08 February 2009
The 34 National Category Winners of the Irish League of Credit Unions 2008/2009 Poster Competition were presented with their Special Award Certificates and cash prizes at a special Exhibition in Dublin's Gresham Hotel today (8 February 2009).

18th Annual All-Ireland CU Schools Quiz

Media Release: 05 April 2009
Scoil Na Mainistreach from Celbridge, County Kildare and St Mary's Boys National School from Blackrock, Dublin beat over 100 teams to win the All-Ireland Finals of the Credit Union Schools Quiz Competition which took place today (Sunday, 5th April 2009) in the Main Hall of Dublin’s RDS.

Credit Unions record strong performance for 2008 Financial Year

Media Release: 15 April 2009
The Irish League of Credit Unions (ILCU) today, Wednesday 15th April 2009, published its annual results for the 2008 financial year. The results show the League’s 508 affiliate credit unions recorded a strong performance with overall growth in assets, loans and membership.

A STATEMENT REGARDING THE REGULATORY RESERVE RATIO FROM THE IRISH LEAGUE OF CREDIT UNIONS

Media Release: 24 August 2009
A STATEMENT REGARDING THE REGULATORY RESERVE RATIO FROM THE IRISH LEAGUE OF CREDIT UNIONS 10am Monday 24th August 2009

Poster Competion 2009/2010

Media Release: 15 September 2009
IRISH LEAGUE OF CREDIT UNIONS ANNOUNCES ASSOCIATION WITH BRIAN O'DRISCOLL AS THE NEW FACE OF CREDIT UNIONS & LAUNCH THE CU POSTER COMPETITION 2009/2010

Brian O'Driscoll Irish International rugby player today launched the 19th Annual All-Ireland Schools Quiz Competition

Media Release: 15 September 2009
Brian O'Driscoll Irish International rugby player today launched the 19th Annual All-Ireland Schools Quiz Competition for the Irish League of Credit Unions. This enormously successful competition will be run through the winter in communities all over Ireland by volunteers from over 500 ILCU affiliated member credit unions. Over 25,000 young people took part in last year's contest.

Credit Unions Announce Strong Performance and Prudent Approach

Media Release: 29 September 2009
Credit unions are different from other institutions, they are financial co-operatives run by volunteers on a not for profit basis. At the heart of the communities in which we operate, we are focused on our member’s needs rather than being preoccupied with generating profits. Credit Unions have provided €7 billion in loans to our membership. This membership has increased by 1.4% in 2009, bringing the total number of members to almost 3 million. (2.9 million members across 32 counties).

CREDIT UNIONS CALL FOR APPROPRIATE REGULATION TO ENSURE THE FUTURE OF THE MOVEMENT

Media Release: 15 October 2009
In recognition of International Credit Union Day (15th October 2009), a delegation from the Irish League of Credit Unions met with Brian Lenihan T.D., Minister for Finance to discuss the proposed redevelopment of the regulatory regime for the Irish financial services sector.

ICU Day Broadcast to Celebrate Global Credit Union Heritage

Media Release: 15 October 2009
MADISON, Wis.-In the face of the global economic crisis, credit unions have stood at the forefront when it comes to helping their members. The continuing contributions of the worldwide credit union movement will be the topic of the annual International Credit Union Day® (ICU Day)

IRISH LEAGUE OF CREDIT UNIONS CALL FOR AN INDEPENDENT CREDIT UNION REGULATOR

Media Release: 02 February 2010
The President of the ILCU Mark Bailey today (Tuesday 02 February 2010) called for an Independent Credit Union Regulator to be established. In an address to the Joint Oireachtas Committee on Economic Regulatory Affairs, Mr Bailey outlined the serious concerns surrounding the future regulation of credit unions in Ireland.