The Irish Times

Commission extends Irish credit union resolution scheme

Announcement comes as it emerges 100 credit unions are now live with Cusop system

Tue Jun 21 2016 - 01:00

Government to save €230m on restructuring of credit unions

Restructuring board says final spend will be less than €250m previously set aside

Thu Oct 22 2015 - 01:00

Honohan has earned the right to stop fighting fires

Governorship coincided with biggest financial crisis since Central Bank was established

Wed Oct 21 2015 - 02:00

Credit unions hope to reinvent themselves with help from friends

The credit union movement has changed utterly since the recession but hopes to emerge stronger than ever

Fri Oct 09 2015 - 08:45

Credit union problems ‘grossly exaggerated’, says ILCU chief

Irish League of Credit Unions chief Martin Sisk: ‘Big problems were in banking sector’

Tue Mar 31 2015 - 01:00

Credit unions will be only institutions to pay into bailout fund

Banks were also due to pay into rescue fund before measure was overtaken by European events

Sat Jan 31 2015 - 01:00

Europe extends Irish credit union resolution scheme

Commission has given green light to extension of scheme until June 30th

Fri Jan 30 2015 - 12:01

No matter how bad the times, the State always has enough to pay consultants

Opinion: Having survived the Great Crash, those who charge by the hour know that nothing will ever disturb their tranquillity again

Tue Jan 21 2014 - 12:01

From horsemeat to Ryanair’s rethink: an eventful year for consumers

Store closures, property tax, banking charges, Michael O’Leary’s act of contrition, two Ulster Bank system failures, the arrears crisis: consumers had plenty to keep them exercised in 2013

Mon Dec 30 2013 - 01:00

Newbridge Credit Union formally wound up by High Court

Credit Union was taken over by Permanent TSB last month

Tue Dec 17 2013 - 01:00

Regulator feared ‘run’ on Newbridge Credit Union

Reports claimed it would take credit union six years to replenish capital

Thu Dec 12 2013 - 07:51

Central Bank to release material on takeover of Newbridge Credit Union

The president of the High Court made the publication orders yesterday on the application of the Central Bank

Thu Dec 12 2013 - 01:01

Central Bank to seek orders for release of material on Newbridge Credit Union

High Court to deal with case on December 11th

Fri Nov 29 2013 - 17:54

Credit unions secure court judgments of over €9m this year

Average value of judgments rising

Mon Nov 18 2013 - 01:00

Seen & Heard: Merger talks between Coillte and Bord na Móna break down

Former Coillte chief executive David Gunning sues State body

Sun Nov 17 2013 - 22:15

Ireland’s bailout exit of huge significance for Europe

Brussels favoured clean break while ECB said precautionary credit line would be ‘useful’

Thu Nov 14 2013 - 14:11

Cantillon: Could Newbridge end up with two rival credit unions?

Irony could follow irony if the NCU directors’ court case succeeds and the ICLU helps set up another branch

Thu Nov 14 2013 - 01:00

You know who calls the shots

Once again, the bond markets are calling the shots

Wed Nov 13 2013 - 10:51

Newbridge Credit Union directors mulling a legal bid to reverse PTSB takeover

Directors lament the “destruction” of the credit union, as regulator insists rescue plan “cannot be undone”

Wed Nov 13 2013 - 01:01

Credit union movement undergoing a period of seismic change

Is the Central Bank’s drive to move credit unions into its regulatory net at odds with the ethos of the movement?

Tue Nov 12 2013 - 01:04

Newbridge in trouble

Tue Nov 12 2013 - 01:00

Regulator unable to take enforcement action against Newbridge directors

Affidavit filed by Central Bank outlines litany of alleged breaches of rules

Tue Nov 12 2013 - 01:00

Newbridge Credit Union receives €54m taxpayer bailout

Regulator unable to sanction directors

Tue Nov 12 2013 - 00:49

Problems at credit union first surfaced 10 years ago

During the 2008-2011 period, loan write-offs were €3.9m

Mon Nov 11 2013 - 21:57

No ‘significant’ deposit changes at Newbridge after bailout

Politicians claim there has been a lack of transparency at credit union since last year

Mon Nov 11 2013 - 17:23

Kenny says Newbridge problems don’t apply to other credit unions

Taoiseach says dangers of a ‘run-off’ averted after takeover by Permanent TSB

Mon Nov 11 2013 - 14:36

Q&A: What’s going on at Newbridge Credit Union?

Lending practices differed from what was typical of the sector, writes Conor Pope

Mon Nov 11 2013 - 13:38

PTSB takeover of Newbridge Credit Union approved

High Court agrees to transfer of loans and savings to bank

Mon Nov 11 2013 - 10:01

Newbridge Credit Union directors complain of ‘information blackout’

Directors concerned about lack of ‘independent thought’ following imposition of special manager

Sat Jul 06 2013 - 01:00

Cantillon: Silence is not golden for Newbridge Credit Union members

A total bill of €2 million may result from the appointment of the special manager