credit unions are now starting to issue debit cards (Ballinasloe is the first), they already offer large loans for home improvements, some offer mortgages (uncompetitive). For average Mary or Pat, the addition of a debit card makes it probably as much a banking service as she requires.
That's where the CU is good.
https://www.irishtimes.com/business...firms-moving-business-out-of-london-1.4484485Have they not started a while ago? I think Cara CU in Kerry has had debit cards with their current accounts for over a year at this stage.
I think they will be my logical switch from UB when it comes to it.
But, you can already do this with some credit unions...One of the reason's I kept an account at Ulster was that I could use the debit card in ATMs abroad. Of course this was all contingent on the NatWest/RBS behemoth behind Ulster, a thing it won't have in future.
Their cards are MasterCard, not sure what the ATM says but I actually think some CUs have removed their ATM machines, certainly local one has as the old machine only worked with their old style ATM cards whereas now that they have MasterCard debit cards which can be used in practically every machine and shop so no need for their old individual machines.
There seems to be a basic misunderstanding of the functionality that is available to Credit Unions, if they choose to avail of it.Does the CU ATM have some internationally recognised card company like Visa or MasterCard ?
I just asked this in another thread, seems just as relevant here though, I wonder whatever happened with the discussions with Sparkasse? I recall hearing an interview on the radio from one of their spokespeople at the time, it seemed like there was genuine interest in coming into the Irish market.
EDIT: another article from the start of 2018, clearly showing their interest, I can't see anything more recent though
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