Credit Unions in the NewsAugust 2020
On the 17th of July 2020, the Central Bank of Ireland issued a press release regarding the appointment of joint liquidators to Drumcondra and District Credit Union.
- Action taken in the best interests of members and the broader public
- Full Resolution Report and Affidavit released
- Deposit Guarantee Scheme has made pay-outs to most eligible depositors
- The action taken is not related to the exceptional circumstances of COVID-19
For more information please click HERE
By Éilish Larkin - Regulatory Consultant