Major credit union plans to limit savings accounts to €40,000
Move prompted by cost of putting money on deposit and lack of loan demand
Savers forced to move deposits as credit unions ramp up savings caps
Move blamed on banks charging credit unions to keep their money on deposit
Credit unions impose savings caps on deposit accounts
Thousands of members have been asked to withdraw some money to meet new limits
High Court approves insolvency deal for Co Kildare businessman
Deal believed to be first approval under the 2012 Personal Insolvency Act
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