Credit unions 'well positioned' to be involved in savings and investment accounts 

Developing a strategy for sector was part of the programme for government with the aim of addressing structural challenges as well as leveraging new opportunities 

Chief executive of the Irish League of Credit Unions David Malone with Central Bank of Ireland governor Gabriel Makhlouf. 

Credit unions across the country are “well positioned” to be a part of the upcoming savings and investment schemes, proposed by Tánaiste Simon Harris, given their presence and relationships with the communities they serve, the chief executive of the Irish League of Credit Unions (ILCU) has said.

These comments come after last week junior minister Robert Troy published an update on the Credit Union Strategy Project as well as launched a survey of credit unions to gather input.