Oireachtas Joint and Select Committees

Tuesday, 21 March 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Overview of the Credit Union Sector: Discussion

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4:00 pm

Mr. Tim Molan:

I would like to put the savings cap element into perspective. The average savings held in credit unions are around €8,000. The numbers of persons impacted would be very few in the particular scenario presented by the Senator.

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