05.08.25 12:29
The Irish League of Credit Unions (ILCU) is the largest credit union representative body on the island of Ireland. Founded in 1960 with the aim of providing representation, leadership, co-operation, support and development for credit unions in both Northern Ireland and the Republic of Ireland, the ILCU today has an affiliated membership of more than 270 credit unions in the Republic of Ireland and Northern Ireland. Membership of the ILCU is open to every credit union in Ireland.
The credit union movement is built on an ethos of mutuality, volunteerism, self-help and not for-profit philosophy. The ILCU, as an advocate of this ethos, has a vision to influence, inspire, and support the credit union movement to achieve all its goals – social, economic and cultural – while always respecting the individual’s rights and dignity. In short, the activities of the ILCU include promoting the credit union idea and ethos; lobbying central Government on behalf of affiliated credit unions; maintaining a professional working relationship with the regulatory bodies – the Central Bank of Ireland, and in Northern Ireland, the Prudential Regulatory Authority (PRA), and the Financial Conduct Authority (FCA), regarding credit union regulation and compliance; and providing a range of professional services to credit unions.
