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Sam Boal/Photocall Ireland

Gilmore: Newbridge Credit Union is a one-off case

Gilmore said the government hopes it will be possible to have a credit union in Newbridge again.

TÁNAISTE EAMON GILMORE has said that the takeover of Newbridge Credit Union by Permanent TSB is a “one-off case”.

Speaking to journalists at the Department of Education today, Gilmore said he could understand the “sense of disappointment” there is in Newbridge, with one group threatening to take their case to Europe to stop the takeover.

The Central Bank was expected to make an application to have the loans and assets of the credit union transferred to the state-backed bank today, but an order of transfer was signed in the High Court yesterday.

“The action has to be taken to protect the depositors and the savings that were in the credit union,” Gilmore said. “We would have preferred if it had been possible to have had an amalgamation of credit unions. This does not have ramifications for other credit unions, this is something that has happened on a one-off basis.”

(Video: Hugh O’Connell/YouTube)

The Tánaiste added that the government supports the “ethos and the solidarity that the credit unions are based on” and hopes it will be possible to have a credit union in Newbridge again.

Related: Newbridge Credit Union taken over by Permanent TSB>

Read: Newbridge Credit Union staff set to meet tonight to discuss takeover>

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45 Comments
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    Mute Madra Exotic
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    Jan 22nd 2021, 12:08 AM

    Dr Tony has been on the ball when it comes to deaths sadly.

    103
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    Mute Full Circle
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    Jan 22nd 2021, 5:57 AM

    I’m no COVID doubter but I’d like to see how many hospital admissions & deaths there are compared to this (flu season) in 2020 & 2019. I’m convinced I got this thing in December 2020 that’s why I’d suggest 2019 also. I’ve checked these stats myself & different news outlets give different figures on different days depending on there agenda.

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    Mute Sarah Gannon
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    Jan 22nd 2021, 6:18 AM

    @Full Circle: euromomo.eu you can check stats

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    Mute Aoife
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    Jan 22nd 2021, 7:28 AM

    @Full Circle: it goes to show that when you combine vaccination, mask wearing, hand washing and socially distancing, flu becomes far less of an issue. Hopefully once the vaccine has been rolled out here thoroughly, we will see almost zero covid cases

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    Mute Eugene Walsh
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    Jan 22nd 2021, 8:50 AM

    @Aoife: all you’ve said there is to reduce the spread of covid but it doesn’t and it does suppress the flu. So people have been heeding the advice, but the advice must be wrong with massive transmission of covid. So what is it ? Oh ya, it was the A Xmas we got where families rolled naked drunk over each other and vomited on granny by the fire.

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    Mute Stanley Marsh
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    Jan 22nd 2021, 9:46 AM

    @Eugene Walsh: I don’t think there’s any doubt that something went very wrong at Xmas.

    The Positivity Rate up to Jan 7th was 21.1%.

    Dec 30th – 6.6%

    Dec 23rd – 3.9%.

    Dec 17th – 2.7%

    Dec 10th – 2.5%

    10
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    Mute Damien Grogan
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    Jan 22nd 2021, 11:22 AM

    @Aoife: or the PCR test thinks flu is corona

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    Mute FrustratedASDMum
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    Jan 22nd 2021, 11:56 AM

    @Damien Grogan: No, it doesn’t. The Journal already did a fact check on that: https://www.thejournal.ie/factcheck-world-health-organization-test-cold-5324747-Jan2021/

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    Mute Michael McGrath
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    Jan 22nd 2021, 12:46 PM

    @FrustratedASDMum: I’m not saying Damian is right but the journal fact check…yeah Ok

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    Mute FrustratedASDMum
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    Jan 22nd 2021, 1:44 PM

    @Michael McGrath: What’s the problem with their fact check? Honest question as I’ve found them very thorough.

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    Mute nelliekel
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    Jan 22nd 2021, 1:58 PM

    @Stanley Marsh: all the mammies and daddies wanted little Johnny and Mary home for Xmas with no test nó isolation and off they went seeing auntie biddy and uncle matt after first going for a family meal then off to see buddies for few pints, a little house party to celebrate then when it was decided the UK veriant was so contagious and banned flights mammy and day got little mary on a flight to Belfast and drove up to get her, god forbid they couldn’t get home for few days and now mammy and daddy are blaming everyone else on fb… Believe me I know of few cases, he sé we now have over 60= of cases with UK veriant

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    Mute Stanley Marsh
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    Jan 22nd 2021, 2:46 PM

    @Michael McGrath: Nothing to stop you doing your own factcheck if you could be bothered.

    It’s quite easy these days with broadband, google, etc

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    Mute Munster1
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    Jan 22nd 2021, 7:55 AM

    They love locking everyone down but no problem importing the bIoody thing. 80 Brazilians fly in here no problem, probably carrying the new variant. lncompetent cIowns.

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    Mute Brendan Gordon
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    Jan 22nd 2021, 8:27 AM

    @Munster1: Don’t mind the dozens of Brazilians, the thousands that came from the UK for Christmas were a much bigger problem

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    Mute Munster1
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    Jan 22nd 2021, 8:42 AM

    @Brendan Gordon: we are going to be in and out of lockdown for years unless we follow New Zealand. I would bet that a vaccine avoiding variant will appear at some stage.

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    Mute Larry Rawson
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    Jan 22nd 2021, 9:18 AM

    I will never forgive this Government for Not locking down the Country on March 1st .

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    Mute aperally
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    Jan 22nd 2021, 9:25 AM

    vaccination rate is still insufficient to say the least

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    Mute Benny McHale
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    Jan 22nd 2021, 11:38 AM

    Cant see the graph properly with that “No news is bad news” ad. Is there any way to get rid of it? (without giving them money)

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