As there are likely to be requests for credit facilities and to facilitate remote service provision, we have developed a standardised online loan application form for you to use over the coming weeks while the emergency measures are in effect.
Good evening all,
Following the Taoiseach’s announcement this evening, I have spoken with the Department of Finance. The gov.ie website has been updated and it has been confirmed that credit unions continue as part of essential services.
Credit Unions should consider tying-down reciprocal arrangements or operational support arrangements as part of their business continuity during this unprecedented situation. CUDA has prepared a Reciprocal Arrangement Agreement for credit unions.
A new Working from Home Policy in word format for customisation in your Credit Union has been circulated to CEOs and uploaded onto CUSP.
Many thanks to all who joined the conference call this afternoon where Peter Mitchell, Business Talk, provided us with helpful advice, best practices and tips. Peter spoke of having key messages, express understanding, important factors around crisis communications, what to do next, how to deal with worries and threats, and finally how to perform in a local Radio Interview. The following is a summary of the points covered by Peter:
Following the Taoiseach’s announcement this afternoon, please click here to see the list of essential retail outlets.
As you are aware there has been considerable discussion on the status of Credit unions, we can now confirm we are considered an essential retail outlets, which must implement social distancing measures.
We will update you when further information is available as to how this gets implemented.
Regards for now, Kevin
RE: Conference call with Minister Donohoe, Dept of Finance, CUDA, CUMA, ILCU, NSF
The Minister opened by updating stakeholders on how the evolving situation will impact people from both a public health standpoint and also economically;
Hello all,
Your credit union is a vital and essential service in your respective communities. For many members you are their only source of key services, such as access to credit, their income, their savings and payment services. Over the coming months you will continue to be a vital service in overcoming the impact of Covid-19 as members continue to need these key financial services.
Hello again,
Quick update on treatment of premises should a staff member display symptoms of Covid-19 virus and be obliged to self-isolate and/or be tested. We have spoken with HSE officials this am, who were extremely helpful and understanding, and they advise that the staff member effected is immediately sent home, or informed to stay at home, and follow the instructions for self-isolation or request a test as set out at www.hse.ie.
Hello all,
We have just become aware of one credit union, in the South West, where a staff member is obliged to be tested for Covid-19 and this could force temporary closure of that office, for deep cleaning and a replacement front line team. This credit union is fortunate to have a branch network, and therefore the continuation of key services to members is maintained.
