Mr. Bobby McVeigh:

In my opinion, which I think is supported by the board of ReBo, we would like to see credit unions as a full service financial institution ultimately. The share of the wallet that the credit unions have now is minor in comparison with what we believe it could be. A credit union member has to go to the banks for services, but I would like to see that member being able to go to his or her credit union and access any services in the financial sector that he or she would need. Ultimately, as the movement progresses and becomes what I call a world-class credit union movement for this country, that can happen. I assure the committee that the board of ReBo, even though it is time bound, works on a voluntary basis with credit unions and I believe the future for the credit union system in Ireland is bright. The services can be enhanced. I do not foresee problems doing this going forward.