Esccu wants to target workers in Google etc

[jdwex]

Article in the Indo saying that the eircom credit union (Esccu) is looking for permission to open membership to workers in high tech companies. Not so many members are taking out loans as many have taken redundancy/early retirement from eircom. The eircom workface is down to about 3600 from 10k plus not so long ago.

http://www.independent.ie/irish-new...arning-google-and-intel-workers-30569178.html

 

[MrEarl]

Thats a bit opportunistic I'd have thought .... strikes me that many of the staff in those high tech companies would be good earners and unlikely to need to borrow a lot via credit union loans. As such, are they not just gobbling up more wealthy customers ?

Wouldn't it be better to see the Eircom Credit Union merged with a couple of the smaller ones, possibly those with higher levels of debt to savings (share) ratios. Combined resources, in terms of custom, staff etc could only benefit everyone if done correctly.