C.U.M.A. welcomes the appointment of ReBo

C.U.M.A. Press Release

07 September 2012

C.U.M.A. welcomes the appointment by the Minister for Finance, Mr. Michael Noonan T.D., of the Credit Union Restructuring Board, ReBo.

A ¬†spokesperson for C.U.M.A. said: “The Credit Union movement continues to serve the people and communities of Ireland. The movement needs to be restructured so that it can continue to serve as a not for profit co-operative provider of financial services and so that it can expand into other areas to meet it’s members’ changing needs. The ReBo Board named by the Minister is a particularly strong blend of expertise and experience, designed to achieve the necessary restructuring required. C.U.M.A. wishes the ReBo Board well in it’s work and looks forward to co-operating with it.”