Credit union board members face term limits

Credit union board members will be subject to term limits if new proposals are adopted by the government and implemented by the Central Bank.

14th April, 2012
Credit union board members face term limits
Michael Noonan, finance minister. Photo: Tony O'Shea

Credit union board members will be subject to term limits if new proposals in the final report of the Commission on Credit Unions are adopted by the government and implemented by the Central Bank, it is understood.

Minister for Finance Michael Noonan will deliver the report to the cabinet on Tuesday, preparing the ground for reorganising cooperative lending sector. The document will flesh out long-awaited plans to restructure the 400-plus credit unions in Ireland and...

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