Oireachtas Joint and Select Committees

Wednesday, 25 November 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Credit Union Sector: Discussion

12:00 pm

Mr. Kevin Johnson:

It has shifted and is in transition at present. As the Deputy probably knows, one of the biggest challenges is that credit unions are approximately 27% or 28% lent on average. Traditionally, the income split would probably have seen in the order of 17% of the income coming from the loans.