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CU System
Irish league elects Bailey president
DUBLIN, Ire. (5/7/09)--Mark Bailey was elected president of the Irish League of Credit Unions after a vote by delegates attending the league’s conference at the end of April. Bailey had served two years as league vice president and is a board member of Dunshauglin CU (Business and Finance Daily News Service April 28). “The credit union movement is facing into an important period where the challenges facing the economy and financial sector will require the league to have very clear priorities to ensure that we can continue to serve our 2.9 million members in line with our founding ethos,” Bailey told the newspaper. “Chief among our priorities for the year ahead will be the need to proactively engage with the government and its agencies to ensure that any regulatory framework drawn up for credit unions is appropriate,” he added. The league “aspires … to maintain a strong and properly managed credit union movement. We support and welcome regulation, but regulation that takes account of the credit union's unique, not-for-profit and member service ethos.”


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