Movement ‘should keep focus on poor’

Delegates at the AGM of the Irish League of Credit Unions (ILCU) gave a generally positive reaction to the report of the Commission on Credit Unions, with the proviso that the movement should continue to be able to help poorer people.

The report and its recommendations, which will bring far-reaching changes in the way credit unions operate, were debated for four hours during the weekend conference.

ILCU chief executive Kieron Brennan said afterwards there was a mood to embrace change and look at new services for the 3m members of the Republic’s 404 credit unions.