Credit union secures over €1m in judgments against members

Charleville Credit Union in Co Cork has secured €1,043,718 in court judgments against 16 individuals so far this year — the highest of any union.

Credit unions have this year won court judgments totalling €9,202,453 against 495 members. A total of 107 credit unions obtained judgments with the average court order being for €28,439.

At Charleville, one member was ordered to repay €521,000, while the smallest was judgment for €2,414.