DUBLIN, Ohio—This country’s Credit Union Restructuring Board, which is charged with propping up and reforming Ireland’s credit unions, has so far drawn down just €3.5 million, or less than 1.5%, of a €250 million fund set up by a the government for recapitalization.
THE globe
CU News From Around the Planet
MADISON, Wis. — The World Council of Credit Unions reported it is now waiting on the “go-ahead” from officials in Liberia, where Ebola continues to cause a crisis, before resuming its project in the country.
DES MOINES, Iowa-- Patrick S. Jury, President and CEO of Iowa Credit Union League, has been elected to serve as the Executive Committee Treasurer for the World Council of Credit Unions.
WARSAW, Poland—This country’s financial regulator, known by the abbreviation KNF, is seeking court approval to liquidate a large credit union here, SKOK Wolomin. Poland’s credit unions are known as SKOKs
CASTRIES CITY, St. Lucia – The St. Lucia Cooperative Credit Union League said it continues to distribute relief funds to members who were affected by a series of storms that struck here.
SOUTH YORKSHORE, U.K.-- Co-operative Energy has launched a partnership with South Yorkshire Credit Union (SYCU) here through which the CU’s members will be able to switch to more competitive energy deals through the Midcounties Co-operative energy provider.
BRUSSELS, Belgium — Members of the European Parliament have launched the European Parliament Credit Union Interest Group, a caucus for European Union (EU) MEPs who support credit unions.
PAPATOETOE, New Zealand- Aotearoa Credit Union here said it is launching the world’s first Māori language ATM as part of a joint venture with a marae-based health, social services and education provider in the Waikato, N.Z.
AUCKLAND, N.Z.—A Human Rights Review Tribunal here has heard accusations that a local credit union stole a picture of a cake iced with swear words about the CU from a former employee's Facebook page, and then shared the photo with the former employee’s new employer and recruitment agencies in an effort to destroy her career.
LONDON--A new credit union is being chartered here for members of the armed forces to help soldiers who are struggling with debt.