Tag: credit union

Q&A: Can you clarify the Credit Union rule regarding nominating a person to become entitled on my death to some or at least part of my shares?

Question: Due to the economic crisis, and in particular the banking crisis, I have taken the decision to lodge all my savings with my local Credit Union. I have been a member of the Credit Union for upwards of 30 years but historically I would have minimum savings in my […]

Q&A: Can I access Shares being held as security?

Question: I am a member of my local Credit Union and I currently have a loan of less than €10,000 with it. I adhere strictly to the repayment schedule. However, as my children are now returning to school after the school holidays, I am under increasing financial pressure and I […]