Seanad debates

Tuesday, 12 November 2013

3:10 pm

Photo of Fidelma Healy EamesFidelma Healy Eames (Fine Gael) | Oireachtas source

Yes, it is critical because the public are worried. The last thing we need is a flight of capital from our credit unions. That is the money they lend. They do a good job of meeting their criteria. I have enjoyed the services of credit unions through the years, as have many other people in this country. It is our job as politicians and public servants to ensure they are safe for their customers both immediately and in the long run. The Minister, Deputy Noonan, needs to act quickly by asking the Central Bank and the league to step up to the plate and issue a statement so that the public can feel confident in their local credit unions.

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