CUDA acts as a catalyst for the growth, development and expansion of progressive Credit Unions. Our main purpose is to support progressive Credit Unions in delivering their promise to their members to be the most reliable, trustworthy financial partner.
CUDA was formed in 2003 by its members in recognition of the real need for positive credit union leadership and development and as a response to a more competitive and increasingly complex business environment. Today CUDA membership is comprised of Ireland’s most progressive and leading credit unions, with a combined asset base of over €1.5 billion and over 250,000 members.
CUDA is extremely concerned about the Central Bank and Government's decision to transfer the member owned Newbridge Credit Union to the State owned Permanent TSB. Statement available here.
The Credit Union Act 2012 (Credit Union and Co-Operation with Overseas Regulators Act 2012) was enacted on the 19th December 2012. The Act is now published and can be found by logging on to our Members' Area (CUSP). Additional support information, including a summary of the Act, is located on our news and media desk and in the CUDA monthly Information Briefings.
Objectives of the Credit Union Support Platform: