Credit Unions ‘can help end the housing crisis’ in Cork

The cash reserves of Irish credit unions could be used to ease the housing crisis in Cork, according to the chairman of the Gurranabraher branch, writes Rob McNamara.

Michael O'Connell was speaking after the Irish League of Credit Unions (ILCU) passed a motion to set up a centralised support structure to administer mortgage loans. It is expected this will be established by the end of the year.