The future for credit unions

Ireland’s credit unions must try to meet the needs of borrowers and savers by evolving

Irish credit unions have approximately three million members, who continue to save and have now amassed more than €12 billion in savings.

The challenge for credit unions is how to help their members who continue to build their ‘safety net’ through savings with a fair reward without putting these funds at risk – the latter of which is a shared objective with the regulator.

Consistent with the objectives of the credit union, as ...