Seanad debates

Tuesday, 24 November 2020

Credit Union Restructuring Board (Dissolution) Bill 2019: Second Stage

 

10:30 am

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

I am nudging them into mortgage lending. It is the main message I have for credit unions. They should start giving mortgages to people, as those people would be happier taking a mortgage from a credit union than a bank which could sell the loan to an international vulture fund. I have never heard of a credit union doing that.

I thank Senators for their input and I look forward to progressing the legislation through the remaining Stages in the Seanad.

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