Thursday, 19 April 2012

Credit unions that thrive vital for all via @independent_ie

Credit unions enjoy exceptional popularity in Ireland. People love their friendliness and informality. Even in these cash-strapped times, their total deposits still amount to €12bn.
But like so many other Irish institutions, our 400-plus credit unions are in severe difficulties. Many of them have insufficient capital. Some are in serious danger. The figure for loans in arrears has been estimated at €1bn.

1 comment:

Maia Dobson said...

This problem is so alarming. I suggest you hire a good foreclosure attorney in Long Island to help you out whenever you have financial problems.