Let’s give credit where it’s due

Although Berehaven Credit Union has been forced to close its doors, it’s not a given that others will follow, says Martin Sisk

Credit unions are ‘financial co-operatives, owned by members’.

THERE have been a number of assumptions made in the national media in recent days: That the Irish credit union movement is in difficulty and that the liquidation of Berehaven Credit Union is somehow indicative of what’s going to happen for many of our credit unions. This is simply not true.