Credit unions set to go electronic

CREDIT unions are to offer debit cards and electronic transfers in a move described as the biggest single change to the movement in decades.

Delegates approved plans for the new payment service at the Irish League of Credit Unions AGM held at the University of Limerick over the weekend.

The establishment of a Credit Union Services Organisation (CUSO) was one of the key issues discussed at the AGM attended by 1,500 delegates representing 505 credit unions across Ireland.