Tuesday March 31, 2020

Credit unions get green light for debit cards

Six credit unions are now poised to enter the current account market

7th August, 2016
Credit unions have been cleared to start using debit cards Pic: RollingNews.ie

The Central Bank has cleared the way for credit unions to make a bid for a share of the current account market.

Earlier this year the regulator clashed with a group of 11 credit unions planing to launch a debit card, and compete with banks in the current account market. The credit unions’ plan was scuppered by a debate over regulatory requirements, with the regulator saying at the time that credit unions that wanted to...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Every time Donald Trump spoke on the Covid-19 crisis last week, the stock markets plunged by another point

Marion McKeone | 2 weeks ago

Big tech firms pledge to pay contract staff through the social-distancing period

Emmet Ryan | 2 weeks ago

Further action may be needed to prevent the Irish economy being sunk, particularly when the global economy remains vulnerable

Ian Guider | 2 weeks ago