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Dáil
‹ Ceisteanna—Questions Oral Answers - Credit Union Deposits.

Credit union deposit and shareholding limits

Summary

The Minister said there is no statutory limit on individual deposits, while the £3,000 shareholding limit is under review.

asked the Minister for Industry, Trade, Commerce and Tourism if he will consider increasing the maximum amount which individuals may deposit with credit unions.

Comment on this
John Bruton Mr. J. Bruton Fine Gael

There is no statutory limit on deposits by an individual with credit unions. The current statutory limit (£3,000) on an individual's shareholding in a credit union is under review and I expect to make an announcement in the matter shortly.

Comment on this