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The ILCU notes the appointment of provisional liquidators to Drumcondra Credit Union Limited by the Central Bank of Ireland today, Thursday 2nd July.
The Irish League of Credit Unions (ILCU) welcomes the appointment of Deputy Jack Chambers as Minister of State for Financial Services, Credit Unions and Insurance.
ILCU welcomes inclusion of specific commitments to credit unions for the agreed Programme for Government.
The Irish League of Credit Unions (ILCU) has welcomed today’s publication by the Central Bank of new regulations aimed at strengthening protections for consumers of licensed moneylending services.
Our key ask is for the 33rd Dáil to radically review credit union legislation to enable and empower our movement to be a leader in Ireland’s recovery.
Denis Naughten TD questioned the Minister for Finance in the Dáil on whether he will commit to amending the primary legislation for credit unions to reflect the unique community nature of the credit union movement.
We are delighted to launch our brand new story competition which is open to children between the ages of 0-12.
Credit unions throughout the country have been named the most highly regarded organisations in Ireland according to the latest Ireland RepTrak® 2020 study.
Credit union members will not see any negative impact on their credit record on temporary holiday or reduction on their loan repayments.
The credit union is making sure the welfare of vulnerable/cocooning members is prioritised at this time.