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If Credit Unions continue as they are, they will die a slow death. They have two alternatives drastically reduce their Shareholding or go out and lend. I think the latter route is the way to go. For example I do my car insurance online and ditto for amendments why cannot the Credit Union do the...

In essence do Credit Unions hold not just GAA but sports in general accounts plus say for societies clubs etc, schools. When Newbridge went pear shaped I understand one School hadd in excess of 100m plus

Most Credit Unions are carrying huge Share Amounts, & the question I pose is there anything else besides just members shares??

I agree completely with what Mr.Earl has said. However, about four years I raised a question at the local AGM on the high level of Provisions-nearly 30% of the net loan book or risk loans. The answer I got was that the Board was being prudent and as a follow on asked what were the actual weeks...

I am not now a CU activist but what I find difficult to understand is that a number of years after the large write down of Loans etc many of what I consider like you very sound and well run Credit Unions are still carrying loan provisions of 14-18%. These percentages in real terms equate to...

I would dearly like you to comment further in respect of your beloved Sandmount CU being subsumed into Dundrum & why you deem there is now too much regulations

Brendan & Slim thanks for your response. I am not going to get involved in Davy bashing. The whole episode was unfortunate. The offset of the bulk of investments within Credit Unions is obviously the Share Holding. We often hear at AGMs or at Credit Union gatherings that we are under lent by...

Yield of a little over 3% for say a six year term.

Why would Credit Unions buy Government Bonds at the moment and what might be the associated start up costs.