herald

Sunday 19 August 2018

75pc of us in credit union

IRELAND has the highest number of credit union membership per capita in Europe.

The European Network of Credit Unions has outlined that Ireland is "one of the strongest and most popular" union networks in Europe -- where 75pc of the adult population own an account.

There are 53,000 credit unions around the world -- in Europe alone, there are 1,169 with nearly 6.3m members.

While Britain has 480 unions, it only has 891,283 members using them. However, in comparison, 3m people use Ireland's 498 unions.

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