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

Photo of Michael CreedMichael Creed (Cork North West, Fine Gael) | Oireachtas source

I gleaned from Deputy Mattie McGrath’s contribution to the debate last night that 55% of credit unions will be affected by the cap. Half of the credit unions have individual deposit holders and the other half do not and are unaffected. Of the half that are affected, what percentage of their total deposits are in accounts of more than €100,000?


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