Patrick Casey, the Registrar of Credit Unions at the Central Bank, addressed delegates at the Credit Union Managers’ Association Spring Conference. He highlighted that credit unions at a sector level have maintained a strong reserve position and managed to generate a surplus in the year to 30 September 2020. However, the pandemic has accentuated commercial challenges facing credit unions, leading to a growing gap between savings and loans across the sector. To read more on this please click here.