Irish Credit Unions Hit Record Lending Levels

Mortgage and personal loans have soared.

Latest figures from the Irish League of Credit Unions is reporting record lending numbers. 

Between October and December 2025, credit unions issued €659 million in new loans, a 7% increase year on year, including over 109,000 personal loans. 

Mortgage lending hit €992 million, up 26% from last year and nearing the €1 billion mark. 

The average loan size also rose to over €11,000, while arrears remain low at 2.25%.

Derek Smith, CEO of North Midlands Credit Union says credit unions should be a one stop shop for all financial leads: 

    

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