Oireachtas Joint and Select Committees

Thursday, 20 September 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Credit Union Bill 2012: Discussion (Resumed)

10:25 am

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael)
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I agree with previous speakers. Credit unions have always had a concern for their members and customers. We cannot say the banks have shown the same concern given the role that the pursuit of profits has had in causing our current mess. The credit unions have been mindful of the needs of their members and customers and this has to be taken into account when we consider governance and regulation in the sector.