Credit unions lobby for co-lending amid Government review
Submission proposes that the sector be able to lend in groups on larger transactions
Revolut for payments, An Post for savings: how we might bank in the future
With large players exiting, ‘niche’ is where competition may lie in future
Credit unions to get up to €10m funding for retrofit scheme
SEAI said access to finance ‘can be a barrier’ to residential retrofitting as it approved fund
Credit unions see Covid surge in savings, adding to their challenges
Deposits up 7% to €16.3bn in year to September
Credit unions seek regulatory changes to allow financial help for members
Association wants to ensure borrowers are not penalised for missing loan payments
Credit unions to loan up to €10m for home energy upgrades
Pilot scheme indicated users borrowed average of €10,000 for home improvement
Current market ‘open season’ for moneylenders - credit union officials
Legislative change needed to allow credit unions lend to social housing bodies
Credit unions could be allowed to push up the cost of loans
Minister for Finance Paschal Donohoe looks to amend legislation to increase interest rate cap for credit unions
Central Bank urges credit unions to invest in technology
Registrar of credit unions also warns against rushing into mortgage lending
Credit unions should beware mortgage lending is a risky business
Sector has been agitating for some time to be allowed to expand lending for home loans
Central Bank to review credit union regulations
Review will look at whether to facilitate investment of members’ funds elsewhere
Credit unions allowed to accept deposits of €100,000 plus
Central Bank set to soften rule which has raised the ire of the industry
Credit unions criticise ‘overzealous’ regulatory plans
Dail committee told that ‘one size, fits all’ governance won’t help sector grow
Credit Unions chafe at tight Central Bank regulations
If sector becomes too like banking, it risks losing the identity that has made it a success
Credit unions criticise new Central Bank regulations
New rules will prevent consumers from saving more than €100,000 with their local credit union
Credit union role in mortgages merits tight monitoring
Credit unions already can offer mortgages subject to conditions laid down by the Central Bank
‘How is anybody going to be able to buy a house?’
Responses to mortgage lending consultation reveal concerns among first-time buyers that they’ll never be able to buy a house
Credit Unions could lend billions to SMEs under new structure
Oireachtas committee hears of ‘unrealistic’ SME applications, however
Cantillon: Could Newbridge end up with two rival credit unions?
Irony could follow irony if the NCU directors’ court case succeeds and the ICLU helps set up another branch
Newbridge Credit Union directors mulling a legal bid to reverse PTSB takeover
Directors lament the “destruction” of the credit union, as regulator insists rescue plan “cannot be undone”
Credit union movement undergoing a period of seismic change
Is the Central Bank’s drive to move credit unions into its regulatory net at odds with the ethos of the movement?
No ‘significant’ deposit changes at Newbridge after bailout
Politicians claim there has been a lack of transparency at credit union since last year
Credit unions urged to join trial debt plan by Central Bank
Irish League of Credit Unions says scheme is flawed and recommends boycott to affiliates
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