Credit Union Profitability – Irish Credit Unions Need to Restore Aggregate Profitability While in aggregate the CU movement at large is moving into unprofitability, many of the credit unions, especially the larger ones are profitable and may not see an urgent need for a centralised treasury system. Individual smaller CUs may also not see the immediate benefit of a centralized...
  Irish Credit unions appear to be divided as to their freedom to undertake differential credit risk pricing as part of their normal business. The argument is offered by some credit unions that, as mutual organisations, they must, under section 38 of the 1997 Act, charge the same price for ‘The Same  Class of Loan’....
  There is much discussion currently on the surprising growth of Moneylenders in Ireland,  in the presence of a vast network of Credit Unions throughout the country. It is also  pointed out that Credit unions are seriously and very sadly under lent . Only 27% of Credit Union deposits are currently lent out in loans,...