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Credit Unions

Dáil Éireann Debate, Tuesday - 24 June 2025

Tuesday, 24 June 2025

Questions (289, 290)

Cian O'Callaghan

Question:

289. Deputy Cian O'Callaghan asked the Minister for Finance the timeline for the drafting of a five-year strategy for the credit union sector, as outlined in the Programme for Government; and if he will make a statement on the matter. [33535/25]

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Cian O'Callaghan

Question:

290. Deputy Cian O'Callaghan asked the Minister for Finance the likely contents of the five-year strategy for the credit union sector, as outlined in the Programme for Government; and if he will make a statement on the matter. [33536/25]

View answer

Written answers

I propose to take Questions Nos. 289 and 290 together.

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.

Question No. 290 answered with Question No. 289.
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