Credit Unions

Part of Question Time — Scottish Executive – in the Scottish Parliament at 2:30 pm on 13 March 2003.

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Photo of Des McNulty Des McNulty Labour 2:30, 13 March 2003

I have had meetings with the Scottish credit union partnership—SCUP—and other credit union providers. Margaret Curran has had such meetings as well. We have provided significant support to credit unions in the past two years, which has allowed credit unions to start up, kept them in existence and allowed some of them to expand their services. We will continue with that approach.

Clearly, we need to work with individual credit unions and credit union representative associations to improve the information base on how credit unions operate and what services they currently provide; then we can help more of them to learn from one another. We will continue to do that work.