Published: Wednesday, 25th January, 2012 5:30pm

We are not insolvent - Cavan Credit Union

by Linda O'Reilly

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Cavan Credit Union has come out fighting and says it is not insolvent, following media reports yesterday that it could be next in line to be taken over by the Central Bank following the takeover of Newbridge earlier this month.

The Board of Directors of Cavan Credit Union issued a statement to The Anglo-Celt yesterday (Tuesday) shooting down the reports and a spokesman laughed off unfounded rumours that there was a run on the credit union yesterday.

Full story and statement in this week's Anglo-Celt.