Credit Union Summer Forum, 9 June 2018 in University of Limerick

This year’s theme is “Compliance, Viability and Growth ”.

The greatest inert potential for credit unions is their members. The management of this inertia is the key to Growth and Viability. The Credit Union Summer Forum addresses these issues with our speakers.

The Forum is opened by Des Carville, Head of Shareholding and Financial Advisory Division that includes responsibility for the Credit Union Sector, Department of Finance. Des Carville will set the prospective of where the Department see the Credit Union Sector going into the future.

Our second speaker is Carmel Motherway, Motherway Consultants, who in recent time is promoting growth by interaction with and making the credit union more relevant to our members.  Carmel Motherway provides advice to credit union on compliance and business models around Ireland

John Murphy, CEO, Glenamaddy CU looks at securing your credit unions viability especially for small to medium size credit unions. John’s motto is that all loans issued in the common bond will be issue by the credit union. Glenamaddy CU is small Credit Union with 24 million in assets and 33% lent with a large AGRI-Loan promotion.

Prof. Alan Ahearne, Economist, Director of the Whitaker institute, NUI Galway will bring us the economics facing Ireland that credit union will survive in. Prof Ahearne is one of the foremost economists in Ireland and has a strong interest in the financial sector including credit unions in Ireland. Prof Ahearne will also speak on possible side effects of Brexit on the economies North and South of the Border.

We finish with a workshop on ethics and the ethos of the credit unions with John O’Regan former president of the ILCU. Let us never forget the ethos of the credit union movement. Indeed the NSF is committed to promoting and sustaining the ethos of credit union Movement. We believe all in the credit union should be aware of the need for ethical treatment of all volunteers and staff.

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