Oireachtas Joint and Select Committees

Wednesday, 25 November 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Credit Union Sector: Discussion

12:00 pm

Mr. Ed Farrell:

The savings protection scheme, a quasi-cross-guarantee, would also help. Credit unions pay into it. On the off chance that a small number of them need financial or resourcing assistance, it can be and has been made available. It is about the movement keeping itself solvent in line with the regulations.

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