It's hoped the savings from the reduction will be passed onto consumers.
A Government levy on credit unions is being cut by more than half.
The state will take in €5m from the sector in 2021, down from €12m this year.
The Irish League of Credit Unions says the move will go a long way to alleviating the impact of the pandemic on their balance sheet.
Minister of State with responsibility for the sector and Laois/Offaly TD Sean Fleming wants them to take this saving back to the consumer:
Westmeath Company Confirms Redundancies
The BOC site in Athlone will see the loss of 13 jobs.
HSE Issues Measles Alert For Midlands Commuters
The warning comes after the identification of "highly suspect measles case".
Laois Branch Of Palestine Solidarity Group Demands Government Explanation Over Protest Arrests
Some people arrested say they were threatened and strip-searched after being arrested.
Opposition Conducts Walkout Protest During Offaly TDs Question On Special Education
A large number of TDs left the Dail when Carol Nolan began to speak.
Midlands Companies Brace For Trump Tariff Fallout
Donald Trump's 'Liberation Day' tariffs will be announced this evening.
Peatlands Projects Across Midlands Set To Receive Around €40k In Funding
The Peatlands and Natura Community Engagement Scheme has awarded funds to projects across the region.
Listen: Laois Man Living in Thailand Recalls Moment Earthquake Hit Bangkok
Laois' James Conroy has been living in the city for a decade.
TUS Athlone Voice Concerns Over Planned Increase In Third Level Fees
Higher Education Minister is planning to raise the fee back up to €3,000 in the next budget.
Emergency Services Attend Scene Of Two Seperate Offaly Crashes
The crash took place in Moneygall this morning
‘The Ubiquitous Collection’ To Be Exhibited In Tullamore
Offaly artist Genevieve Murphy will launch the exhibition tomorrow.
Laois Brewery Taking Part In 'Speed Dating' Tourism Conference This Week
Failte Ireland's Meithal consists of quick 12 minutes meetings with businesses and various tourism providers.
Second Platform Under Review For Offaly Train Station
Clara Train Station could get a second platform as part of an Irish Rail review.
Longford Westmeath TD Calling For Review Of School Transport Scheme Policy
He believes the current policy is not appropriate.
€9.7m Water Plant Upgrade Completed In Offaly
The water supply has been removed from the EPA'S "at risk" list
Revenue Seize Contraband Around €2.7m Across Midlands, Louth, Dublin And Rosslare
Revenue officers seized the goods through risk profiling.
Portlaoise IWA Raising Funds For "Handitandem" Skydive
They want to expand to other clubs over the next few years.
Offaly School's Teabag Waste Project Earns Spot In Sustainability Final
'Environmental Innovators' is a TY programme that focuses on global food system challenges.
Midlands Counties See EV Sale Surge In First Three Months Of 2025
EV sales in Offaly have almost doubled in 12 months.
Sunny Forecast For Midlands To Continue
The temperatures have started rising across the region.
Westmeath Man Expresses Frustration With Passport System
Rory Hafford is expressing his concerns with the current passport renewal system.
