THE number of credit unions generating a surplus is likely to be down on 2009 but still close to the 90% figure from that year.

THE chips may be down, but it’s still Viva Las Vegas for a group of credit union board members off on a €20,000 networking trip.

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

The two-day meeting will feature a keynote address by the Financial Regulator, Matthew Elderfield.

Nine out of 10 credit unions are in good health despite the crippling economic conditions, according to the Irish League of Credit Unions (ILCU).

THE average credit union loan in the Republic of Ireland, at €8,933, is double that in Northern Ireland.

THE main representative body for Ireland’s credit union movement has called for an independent regulator for the sector, warning that the proposed reform of the financial regulatory system could damage their business.

CREDIT UNIONS will donate more than €120,000 today to help families affected by flood damage.

The Irish League of Credit Unions is calling on the Minister for Finance to make sure its members are untarnished by any changes to the financial services regulatory system.

CREDIT Unions which cannot reach the new Regulatory Reserve Ratio (RRR) target of 10% by the previously announced September 30 deadline, will have an extra five years to do so.

THE credit union movement is gearing up to take on the banks by providing a range of new services including current accounts, debit cards and credit cards.

THE board of the Irish League of Credit Unions (ILCU) has imposed a news blackout on details of which of its members will attend a world credit union conference in Barcelona next week.

Southend moved into the Coca-Cola League Two automatic promotion places with a 2-0 win at Cambridge.

Astronomers say there's a strong chance at least one satellite will be put out of use by an upcoming meteor shower.