Two credit unions are set to merge to create one of the largest community lenders in the country. Two credit unions are set to merge to create one of the largest community lenders in the country. Merger of two credit unions to create one of the largest community lenders in StateSt Canice’s in Kilkenny and Bagenalstown Credit Union in Carlow will have combined assets of more than €400m when the tie-up is complete. By asset size and membership numbers, the new body will be the largest community credit union in the State. Members of both credit unions have now passed special resolutions for a merger.

Source: Irish Independent February 04, 2019 14:48 UTC