Many consumers will switch to local credit unions following Ulster Bank’s departure – rather than go to the two big banks” Commenting on Ulster bank’s planned exit, Kevin Johnson CEO of CUDA (Credit Union Development Association)
“ It’s unavoidable that some banking customers will be badly hit when Ulster Bank exits the market. Unlike other in countries such as Canada and the USA, Irish consumers have an over-dependence on a couple of large national banks and, as a country, we have traditionally underutilised local banking and credit options. But it’s not…
