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It is with deep regret to have to inform you of the untimely passing of our esteemed colleague Cyril Bennett, Head of Business Advice and Support Service (BASS).
The ILCU welcomes the announcement that credit unions participating in the Personal Micro Credit Scheme will no longer have to pay transaction for access to the Household Budget scheme.
An update regarding unsolicited phone calls offering personal loans which purport to be from the Irish League of Credit Unions.
The ILCU, on behalf of its affiliated credit unions, has long campaigned for a review of the long-term lending limits imposed on the credit union movement.
Credit unions have earned the number one spot for the best customer experience in Ireland for the fifth consecutive year. The achievement is a world first, with no other organisation across the globe claiming the top spot for five years running.
New, national ILCU research shows that more students are under financial pressure. A quarter (24%) say finance/debt is their biggest worry. Almost three quarters (74%) say they have to work during the college term to cope with costs.
Over a third (37%) of Northern Ireland parents continue to get into debt covering the expense of back-to-school. The numbers in debt have remained steady since our survey last year.
More than three quarters of parents (78%) say the cost of Back to School is a financial burden. This is a significant increase on 67% in 2018.
Credit unions have been named the highest regarded organisations providing financial services in Ireland.