Oireachtas Joint and Select Committees
Thursday, 11 December 2014
Public Accounts Committee
Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013
10:30 am
Áine Collins (Cork North West, Fine Gael)
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It seems unusual that we are talking about the credit unions today and their representative body is not here. I just wanted to make that observation.
The witnesses said that 50% of credit unions have assets of less than €20 million and that such credit unions face a difficult challenge if they are to continue with their existing business model. What are the views of the witnesses on the future for credit unions?