Thursday February 27, 2020

Newbridge faces merger with neighbour

Newbridge Credit Union, the community lender that was put into administration by the Central Bank in January 2012, is to be closed down and merged with neighbouring Naas Credit Union.

27th July, 2013
Newbridge Credit Union will be shut and merged with its Naas neighbour. Photo: Barry Cronin

Newbridge Credit Union, the community lender that was put into administration by the Central Bank in January 2012, is to be closed down and merged with neighbouring Naas Credit Union and possibly other Kildare financial institutions, *The Sunday Business Post* has learned.

The consolidation of Newbridge, one of the largest credit unions in the country, with nearby credit unions will be the first resolution in the sector since the government launched an ambitious reform agenda in...

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