Viability and Irish Credit Unions

Impact: Public Policy Impact, Economic Impact, Societial Impact

Description of impact

This research defines and measures credit union viability. The analysis suggests that the surplus generated by a credit union and the capital strength of that credit union can be used together to measure a credit union’s viability. The analysis is then extended to explore them factors which may positively or negatively influence the calculated measure of viability. In the development of this discussion document the Credit Union Advisory Committee (CUAC) undertook interviews with six credit unions. The views of the credit union representatives are quoted throughout the document. The development of the discussion document also benefited from an analysis of quarterly financial data for 377 credit unions between 2011 and 2013. This financial data is used to construct the measure of credit union viability.

Who is affected

The continuing debate on the policy framework within which a sustainable Irish credit union sector should operate.


This was an consultation report for the Credit Union Advisory Committee. This is a statutory committee, established under Section 180 of the Credit Union Act 1997, and its primary task is to advise the Minister for Finance (Ireland) on credit union matters.
Impact statusCompleted
Impact date01 Jan 201501 Jul 2015
Category of impactPublic Policy Impact, Economic Impact, Societial Impact
Impact levelEngagement