Grace O'Sullivan (Green Party) | Oireachtas source

I would also like to see a timeline because we have a crisis here. I too am a member of the credit union and I think that this is a fantastic opportunity for the movement to get involved in an area that would support the community, which is part of the credit union ethos.

The Central Bank published a consultation paper on 11 May where it set out potential additional investment classes for the credit union. One such class was investment in tier 3 approved housing bodies. What is Mr. Sibley's opinion on that? Given the credit union's ethos of supporting communities from the bottom up, why would it not consider tiers 1, 2 and 3? My own view is that the credit union could use tier 1 as the low-hanging fruit on which to test the model, before moving up the ranks from there.