Dáil debates

Thursday, 30 April 2015

Topical Issue Debate

Credit Unions

5:20 pm

Photo of Simon HarrisSimon Harris (Wicklow, Fine Gael) | Oireachtas source

The other option was liquidation, which would have been more expensive and, more important, would have put savings at risk. The Minister for Finance, on the recommendation of the Central Bank, has put in place funds and measures to address the problems in Newbridge. The Deputy and other colleagues from that area have outlined to me the difficulties this has caused. I am pleased that the Central Bank has made a decision that will ensure credit union services can continue to be available.

As Minister of State with responsibility for the OPW, I am exploring how we can provide Intreo services from the former credit union building, as well also other opportunities to allow the community to benefit from the space provided. I look forward to working with local representatives and community groups in that regard.

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