Credit Union Lending At Record Levels
Summary
David Malone, CEO of the Irish League of Credit Unions, joins Newstalk Breakfast to discuss record lending growth and the sector’s 21 consecutive quarters of expansion. He highlights a 25% rise in mortgage lending and explains how credit unions balance digital convenience with personalized local service to attract younger members. Malone also addresses the upcoming state savings account, emphasizing the sector’s role in financial literacy and community investment.
Topics discussed
Intro: Record credit union lending growth
21 quarters of growth and historic lending highs
Mortgage lending surge and local service
Digitalisation: best of both worlds
Attracting younger members and community impact
New state savings account and financial literacy
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