Seanad debates

Tuesday, 4 December 2012

Credit Union Bill 2012: Second Stage

 

5:00 pm

Photo of John GilroyJohn Gilroy (Labour) | Oireachtas source

I welcome the Minister of State to the House. Senator D'Arcy has commented on the frequency of his visits to the House. This Bill is probably the most important Bill that has come before the House this year or at the very least it ranks high in importance. The credit union sector has proven to be the only part of the financial sector to come out well from our recent self-inflicted disasters which have befallen the financial services and the country. There is a lesson to be learned from this. The credit union sector is firmly rooted in the community. Its role is of vital importance to members of the public who are members of credit unions.

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