Credit Unions mark 50th anniversary

The Irish League of Credit Unions will mark its 50th anniversary today at its annual general meeting in Limerick.

Some 1,500 delegates from Credit Unions all over Ireland will discuss and develop new policies and strategies for the movement.

Uel Adair, President of the Irish League of Credit Unions, will address the conference in the University Concert Hall on its developments since its beginnings in 1958.

The movement boasts almost 3 million people in 521 branches in Ireland north and south.

Past President and Nobel Prize winner John Hume said: “It is a matter of fact to describe the credit union movement as the most successful co-operative movement in the history of Ireland.”