Jack Wall (Kildare South, Labour)
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72. To ask the Minister for Finance the position regarding a submission (details supplied) from Newbridge Credit Union; if any meetings have taken place or are planned regarding the submission; and if he will make a statement on the matter. [45451/13]

Michael Noonan (Limerick City, Fine Gael)
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Following on from a meeting with Newbridge Credit Union Action Group on 19 September, it was agreed that on receipt of an alternative proposal from the Action Group, it would be communicated to the Central Bank with a view to examination of the proposal and a meeting being arranged between the Central Bank and the Action Group. The Action Group recently submitted a document entitled 'Alternative Proposal regarding Newbridge Credit Union Limited' and I have referred the proposal to the Governor of the Central Bank for examination as agreed and the Action Group has been informed of this. This matter is currently being considered by the Central Bank.