Seanad debates
Tuesday, 11 December 2012
Credit Union Bill 2012 : Committee Stage
4:40 pm
Brian Hayes (Dublin South West, Fine Gael) | Oireachtas source
Deposits are limited to ¤100,000 per saver and savings are limited to a total of ¤200,000 between shares and deposits or 1% of the total assets of the credit union, whichever is the greater. The deposit guarantee scheme does not apply to credit unions. Members' savings up to ¤100,000 are protected under this scheme.
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