The Central Bank has approved plans for the Dubco credit union to provide services for local authority workers who do not already have access to a credit union via their employment.

Head of Fórsa’s Local Government Division Peter Nolan welcomed the announcement. “Access to the Dubco credit union is a welcome option for union members in local government who could not previously avail of credit union services,” he said.

The Dublin city council-based credit union holds its annual general meeting tomorrow (29th November) when it is expected to ratify the plans.

Peter added that a number of branches have already expressed an interest in the credit union services. “Members in Clare and Kildare county councils have already made inquiries about the Dubco credit union services,” he said.

The Central Bank has also given the all-clear for Dubco services to be provided to special needs assistants.