Friday, 28th February, 2025

Credit Union set to grow to key provider of community banking in Sligo

OceanFM Ireland -
Credit Union set to grow to key provider of community banking in Sligo

New legislation is set to allow credit unions expand their membership and services in Sligo.

 

It's set to bring about significant reforms for the Credit Union sector in Ireland like enhancing competitiveness in lending markets.

 

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It'll also mean that credit unions will be able to compete more effectively in the mortgage market.

 

Local Fine Gael Cllr Thomas Walsh believes that it will have far-reaching positive implications for Sligo and Ireland overall in the years to come: