THE globe

CU News From Around the Planet

VILNIUS, Lithuania–During the second quarter of 2015, morethan one-third of the credit unions in Lithuania operated at a loss, according to figures released by the Bank of Lithuania.

BELFAST, Ireland—Ireland’s Financial Services Compensation Scheme has made payments to more than 700 members of Rowallane Credit Union, totalling around £1.4 million.

MADISON, Wis.–Membership growth, and in particular young adult membership growth, is a central theme that comes up repeatedly from members around the world, according to Brian Branch, president and CEO of the World Council of Credit Unions.