Dáil debates

Tuesday, 21 May 2024

Ceisteanna Eile - Other Questions

Credit Unions

10:25 pm

Photo of Aindrias MoynihanAindrias Moynihan (Cork North West, Fianna Fail) | Oireachtas source

There is a whole range of people who want to support their local credit union, including clubs and societies and people with savings. A number of them have been raising with me that when they go to draw down a grant to do work on the house, for example, or sports capital funding, they come across this cap on the amount of money they can have in the credit union. Has the Minister of State had any engagement with the credit unions and the Central Bank about any flexibility on the cap on their credit union account?

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