Latest News

COVID-19 Related Arrears will not Affect Member’s Credit History

Credit union members will not see any negative impact on their credit record on temporary holiday or reduction on their loan repayments.

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Advice for Vulnerable/Cocooning Members

The credit union is making sure the welfare of vulnerable/cocooning members is prioritised at this time.

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Latest Government Announcement ROI - Essential Services

The Government has announced further restrictions for the Republic of Ireland as of midnight 27th March 2020. 

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ILCU meet with Minister for Finance and Public Expenditure & Reform, Paschal Donohoe TD

The Minister for Finance and Public Expenditure & Reform, Paschal Donohoe TD had a teleconference meeting on Monday 23rd March with the ILCU and other representative bodies.

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ILCU welcomes announcement that CUs are considered 'essential retail outlets’

The ILCU has welcomed the announcement by Government that credit unions are considered an ‘essential retail outlet’ in the ongoing fight against COVID-19.

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Irish League of Credit Unions call for relief measures for credit union members

The ILCU is calling for a pragmatic and sympathetic regulatory approach to enable credit unions to offer flexible loan arrangements during this unprecedented crisis.

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ILCU Statement on COVID-19

Update from the Irish League of Credit Unions in relation to COVID-19

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CUAC calls for greater support for voluntary credit union Directors

The ILCU welcomes the CUAC report which calls for increased clarity, certainty and transparency from the Central Bank in its engagements with credit unions

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Winners of Credit Union Art Competition Announced

Budding artists from the four corners of Ireland took the ‘Walk of Life’ to Croke Park today, Sunday 9th February, for the annual, All-Island Credit Union Art Competition.

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Majority of Credit Card Users Unaware of What Interest Rate They Pay

An ILCU national survey has found over half of Irish credit card holders don’t know what interest rate they are paying.

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Loans are subject to approval. Terms and conditions apply. If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating which may limit your ability to access credit in the future.
Credit unions in the Republic of Ireland are regulated by the Central Bank of Ireland.
Credit unions in Northern Ireland are authorised by the Prudential Regulation Authority, and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
When acting as an insurance intermediary the Irish League of Credit Unions is regulated by the Central Bank of Ireland.

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