mutual building societies

Letter on the Irish Nationwide Building Society

Posted to Irish TDS and Senators

25th November, 2004

Dear Deputy,

The Irish Nationwide Building Society

Ireland has only two mutual building societies left – the EBS and the Irish Nationwide – and for at least ten years, Michael Fingleton of the Nationwide has made it clear that he intends that his society should follow the example of the Irish Permanent and the First National and shed its mutual status. The Department of the Environment will be putting a bill before Dail within the next few weeks which, among other things, is intended to allow the INBS to do so. …

Feasta Money Group to fight change in Building Society law

Ireland has only two mutual building societies left – the EBS and the Irish Nationwide – and for at least ten years, Michael Fingleton of the Nationwide has made it clear that he intends that it should follow the example of the Irish Permanent and the First National and shed its mutual status. The Feasta Money Group intends to try to prevent it doing so. Here’s why.…