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Website. www.creditunion.ie. The Irish League of Credit Unions ( ILCU) ( Irish: Conradh na hÉireann de Chomhair Chreidmheasa [1]) is a trade association for credit unions in Ireland. It operates in both the Republic of Ireland and Northern Ireland. It is an unincorporated body governed by a board of directors elected by member credit unions.
A credit union is a member-owned nonprofit cooperative financial institution. They may offer financial services equivalent to those of commercial banks, such as share accounts ( savings accounts ), share draft accounts ( cheque accounts ), credit cards, credit, share term certificates ( certificates of deposit ), and online banking.
Recent changes in credit unions. In Britain the number of active credit unions fell from 565 in 2004 to 390 in 2012; some merged, but others became insolvent. Six ceased trading in 2012, and at least eight had ceased in 2013 by the end of July. [12] However, the number of members has increased from 1.04 million in 2012 to 2 million in 2018.
The Irish Congress of Trade Unions (often abbreviated to just Congress or ICTU), formed in 1959 by the merger of the Irish Trades Union Congress (founded in 1894) and the Congress of Irish Unions (founded in 1945), is a national trade union centre, the umbrella organisation to which trade unions in both the Republic of Ireland and Northern Ireland affiliate.
The Irish Unionist Alliance (IUA), also known as the Irish Unionist Party, Irish Unionists or simply the Unionists, was a unionist political party founded in Ireland in 1891 from a merger of the Irish Conservative Party and the Irish Loyal and Patriotic Union (ILPU) to oppose plans for home rule for Ireland within the United Kingdom of Great Britain and Ireland.
The counties of Ireland (Irish: Contaetha na hÉireann) are historic administrative divisions of the island.They began as Norman structures, and as the powers exercised by the Cambro-Norman barons and the Old English nobility waned over time, new offices of political control came to be established at a county level.
The Republic of Ireland is a member state of the European Union while the United Kingdom is a former member state, having both acceded to its precursor entity, the European Economic Community (EEC), in 1973 but the UK left the European Union in 2020 after a referendum on EU membership was held in 2016 which resulted in 51.9% of UK voters ...
Financial services in the Republic of Ireland refers to the services provided by the finance industry: banks, investment banks, insurance companies, credit card companies, consumer finance companies, government sponsored enterprises, and stock brokerages . The market for the provision of financial services within the Republic of Ireland is ...