The Ballyfermot Blogger

No really, under the guise of making the beloved Irish cheque book a extremely endangered species the largest Credit Union in the country from Cork is introducing a Debit Card no less and with the follow quote {SIC} “Members will have no need to go near a bank – we will be able to offer the full service of a financial institution.” I’m wondering if the Credit Union will start to lose it identity. it position in Ireland is that it has a fondness in a lot of peoples hearts for not being a money grabbing bank per say. Where will this lead, I’m not sure.
The Credit Union has “More than two million people are members of 420 credit unions in the State, with savings of €12.3 billion at the end of last year.” so who am i to argue, incidentally if these figures are correct then the average person should have something in the region of €6,150 in their share balance. Not there just yet myself, does anybody care to say they actually beat this amount?
Full story here