Oireachtas Joint and Select Committees
Thursday, 31 January 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Credit Union Advisory Committee: Discussion
Kieran O'Donnell (Fine Gael) | Oireachtas source
Has the credit union movement considered putting a proposal to the Department of Finance and the Central Bank on a specific public banking hybrid model? I am not necessarily referring to the Sparkasse model which is the one everyone quotes. I am more interested in the services it provides as distinct from its structure. Credit unions continue to be separate independent entities but have an unrivalled network. Ireland is a small country but we have this fantastic community-based model of credit union throughout the country. In my dealings with credit unions I have been quite amazed by their members’ loyalty.
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