DUBLIN, Ireland—This country’s Central Bank plans to introduce a series of proposed rules for credit unions aimed at addressing reserves, liquidity and savings. The objective is to improve the bottom lines of Ireland’s credit unions, which have experienced significant losses over the past six years.
CU News From Around the Planet
WASHINGTON — At two separate events this month in New York and Washington sponsored by the United Nations (U.N.), the World Council of Credit Unions said it promoted financial inclusion as one of the Sustainable Development Goals (SDGs).
SKIBBEREEN, Ireland—Skibbereen Credit Union here is leading a year-long photography project called “Credit Unions West Cork Wild Atlantic Year,” or West Cork WAY.
REGINA, Saskatchewan—Four credit unions here have entered into what they are calling a formal “Collaboration Mutual Understanding” document.
MADISON, Wis.—To help credit unions tackle the global challenge of increasing young adult membership and master the technology needed to serve them, the World Council of Credit Unions has launched weCU2.
PLYMOUTH, U.K.—More than 6,000 school children here are being given £10 each that they can use to open a savings account with either of the two credit unions in this city
OTTAWA, Canada—The annual Credit Union Community Involved Survey is reporting that credit unions across this country have returned $50-million to the communities they serve in the form of direct donations, financial services, sponsorships, scholarships and bursaries.
DUBLIN, Ireland--Credit unions in Northern Ireland are reporting increases in membership, savings, loans and assets through the year ended in September 2014. The Irish League of Credit Unions reported that CUs in Northern Ireland have made £453m in loans to members, an increase of £4m over the 12-month period.
DUBLIN, Ireland—Generating the kind of countrywide publicity that credit unions in other countries can only dream of, more than 25,000 children are preparing to participate in the 24th Annual All Ireland Schools Quiz, which is sponsored by the Irish League of Credit Unions (ILCU).
DUBLIN, Ireland—This country’s largely struggling credit unions are seeing a small change in their regulation at the same time a nationwide recapitalization is taking place.