Written answers
Thursday, 29 May 2025
Department of Finance
Credit Unions
Tony McCormack (Offaly, Fianna Fail)
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53. To ask the Minister for Finance when the five-year strategy for the credit union sector will be published; and if he will make a statement on the matter. [27989/25]
Paschal Donohoe (Dublin Central, Fine Gael)
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The Programme for Government has included a commitment to draft a five-year strategy for the credit union sector. I and the Minister of State intend to co-sponsor a workplan with the credit union sector to determine its Strategic Purpose and Framework. I have instructed my officials to draft a member focussed plan that will be inclusive and owned by the sector.
My officials are actively engaged in developing a programme plan, in conjunction with the sector. I expect that in the short term both I and the Minister for State will have the opportunity to consider this plan and the estimated timelines to delivery of the strategic purpose and strategy framework for the sector.
A sector wide strategic plan and a focused deployment of credit union resources will support the expansion of financial services to all credit union members.
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