Seanad debates

Wednesday, 30 May 2018

Community Banking System: Statements

 

10:30 am

Photo of Anthony LawlorAnthony Lawlor (Fine Gael) | Oireachtas source

We are here discussing the future of An Post and whether we can get community banking into the country. One idea in Ballymore Eustace, County Kildare, is that the post office offers the services of an online doctor. These kinds of ideas should be brought forward to the post offices.

We already have community banks here that need to be looked at. They are the credit unions. There is a credit union in every community. The credit unions need to be strengthened and given better-quality governance. I must admit, I like the idea of a central service provider. The credit unions should be adopting that. The Irish League of Credit Unions, ILCU, should provide that so the small credit unions can remain small credit unions in the community rather than having to amalgamate. Those are my two suggestions for the Minister.

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