About €700k unaccounted for in credit union’s funds

Members of a credit union in Co Dublin have been assured they can continue to avail of the financial institution’s services, despite reports of about €700,000 unaccounted for in the branch’s funds.

The Central Bank yesterday confirmed the board of Rush Credit Union Limited “has appointed an external firm of accountants to carry out an independent financial review on its behalf”.

“The Central Bank is aware that the review is taking place and is working with the credit union. Members should continue to use the credit union’s services as normal,” a statement read.