Dáil debates

Wednesday, 1 March 2023

Credit Union (Amendment) Bill 2022 [Seanad]: Second Stage (Resumed)

 

2:02 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

To be honest, successive Governments seem to have been very slow in taking them up on an important offer. I appreciate there is a bit more money in the Government coffers at the moment but it still seems odd that credit unions were often forced, or at least that was the story they relayed to me, to deposit their money with commercial banks when they would very much rather have invested in things that were beneficial to society, namely, housing and other important infrastructure or services that could benefit society. If the Minister of State is signalling that the Government is looking positively on those sorts of calls from the credit union movement, that is good.

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