Module Code: H7CUESCA
Long Title Credit Union Ethos, Structure and Core Activities
Title Credit Union Ethos, Structure and Core Activities
Module Level: LEVEL 7
EQF Level: 6
EHEA Level: First Cycle
Credits: 5
Module Coordinator: Philip Shanahan
Module Author: Philip Shanahan
Departments:  
Specifications of the qualifications and experience required of staff  
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Demonstrate a comprehensive understanding of the distinguishing characteristics and operating principles of credit unions;
LO2 Analyse the various roles of key officers, members and committees within the credit union organisational structure and show full understanding of how credit unions are structured for effective and compliant service delivery;
LO3 Evaluate key historical developments and current challenges which currently face the credit union movement;
LO4 Describe how the ethical basis of credit unions is integrated into the provision of services to members, with particular emphasis on your role in this process;
LO5 Critically evaluate the nature of membership in credit union and the importance of a member-centred approach in meeting member needs;
LO6 Explain the core services provided by the credit union to members and explore the potential for broadening the range of services in the future.
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is required before enrolment on this module. While the prior learning is expressed as named NCI module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).
No recommendations listed
Co-requisite Modules
No Co-requisite modules listed
Entry requirements  
 

Module Content & Assessment

Indicative Content
What a Credit Union is
•What is a credit union? •Origins of credit unions •Credit union ethos: values and principles
How Credit Unions are Structured and Organised
•Purpose of a credit union •Membership – the Common Bond •Credit union core services •Organisational structure •Membership and democracy •Board of Directors •Principal posts •Board Oversight Committee •Auditor •Committees of the Board of Directors •Other positions required under law
Key Developments and Challenges
•A movement in transition •The Commission on Credit Unions and the Credit Union and Cooperation with Overseas Regulators Act 2012 •The Credit Union Act, 1997 (Regulatory Requirements) Regulations 2016 •Looking forward
Ethics, The Credit Union and You
•What ethics is and why it is important •Credit union co-operative values •Developing a code of ethics •Conflicts of interest
Application
•Research on governance structure in learner’s credit union •Principles application exercises •Ethics application exercises •Research on impact of recent developments within credit union movement
NOTE:
This module will be delivered in both Republic of Ireland and Northern Ireland. While most of the content is relevant to both jurisdictions, there will be some differences that will be reflected in the ROI and NI manuals (composite readings).
Reading
Learners will be provided with access to a comprehensive reading manual, covering all module content. The module tutor may recommend further reading and/or research.
Assessment Breakdown%
End of Module Assessment100.00%

Assessments

Full Time

No Coursework
End of Module Assessment
Assessment Type: Terminal Exam % of total: 100
Assessment Date: End-of-Semester Outcome addressed: 1,2,3,4,5,6
Non-Marked: No
Assessment Description:
This module will be assessed through a work-related assignment which will require learners to construct a piece of work that demonstrates they understand how a credit union implements the operating principles of credit unions, and how this fits with the ethos and prescribed governance structures within credit unions. They will be expected to conduct internal research within their credit union. As part of this assessment, learners will be required to conduct external research in an area such as regulatory/industry development, and how these developments do or may impact on credit unions in Ireland.
No Workplace Assessment
Reassessment Requirement
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.

NCIRL reserves the right to alter the nature and timings of assessment

 

Module Workload

Module Target Workload Hours 0 Hours
Workload: Part Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Lecture Programme induction (2 hours) Full day workshop (7 hours) 2 x live online classes 15 Every Week 15.00
Directed Learning Directed reading Online discussion forum 25 Every Week 25.00
Independent Learning Independent reading/research/study 105 Every Week 105.00
Total Weekly Contact Hours 40.00
 

Module Resources

This module does not have any book resources
This module does not have any article/paper resources
Other Resources
Discussion Note: