Oireachtas Joint and Select Committees
Thursday, 11 December 2014
Public Accounts Committee
Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013
11:10 am
Robert Dowds (Dublin Mid West, Labour) | Oireachtas source
I was rather surprised by this suggestion in the sense that it is not an area in which I would expect credit unions to be involved, although if they have sufficient funds and are able to be, that is all well and good. Could I ask Mr. Casey for a written response from the Central Bank on this question?
There is one other area I wish to ask about, and then I will wind up. I have been asked to inquire about the situation regarding Newbridge Credit Union. Perhaps the witnesses could provide some clarity as to where things stand now with the credit union and what the situation is regarding the building, community involvement in the building and the staff. I may have one or two other questions to come back to when those are answered. This is Mr. Casey's area. I appreciate that it is a difficult issue, and it is unfortunate that this has happened because the vast majority of credit unions have behaved with a remarkable degree of sense over the years. The witnesses probably agree with this.
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