Oireachtas Joint and Select Committees
Tuesday, 21 March 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Overview of the Credit Union Sector: Discussion
4:00 pm
John McGuinness (Carlow-Kilkenny, Fianna Fail)
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The credit unions are probably keeping the banks afloat. Essentially that is what is happening. Were credit unions to all pull their money out from the banks, they would all start crying for help again. It seems to be the case that there is a vested interest here.