Newbridge members to retain voting advantage in credit union merger

Members of Newbridge Credit Union will have a massive voting majority over the members of Naas Credit Union when Naas completes the takeover of its troubled neighbour later this year.

10th August, 2013

Members of Newbridge Credit Union will have a massive voting majority over the members of Naas Credit Union when Naas completes the takeover of its troubled neighbour later this year, *The Sunday Business Post* has learned.

The merged entity will be the largest credit union in the country when the transaction is completed, but the Newbridge members will effectively have carte blanche to elect directors and set policy.

Assuming Naas approves the proposed sale, which...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago