Investing in our Credit Unions
- Submitted by: Aileen Campbell, Clydesdale, Scottish National Party.
- Date lodged: Monday, 16 September 2019
- Motion reference: S5M-18884
- Current status: Taken in the Chamber on Tuesday, 17 September 2019
Motions as amended
That the Parliament commends Scotland’s network of credit unions, which are at the heart of communities across the country and serve more than 410,000 people; welcomes that, through offering affordable loans and savings, credit unions can protect people from predatory lenders and unmanageable debt; notes the Scottish Government’s Programme for Government commitment to introduce a new £10 million Credit Union Investment Fund to help them grow their membership and increase the numbers of people saving and borrowing from credit unions; further notes that the Scottish Government will co-produce, with the credit union sector, a national strategy to further grow and strengthen this important sector, and believes that this strategy should include the extension of payroll deduction schemes to more workplaces and better promotion of credit unions among young people.
Supported by:
Kevin Stewart
Original motion text
That the Parliament commends Scotland’s network of credit unions, which are at the heart of communities across the country and serve more than 410,000 people; welcomes that, through offering affordable loans and savings, credit unions can protect people from predatory lenders and unmanageable debt; notes the Scottish Government’s Programme for Government commitment to introduce a new £10 million Credit Union Investment Fund to help them grow their membership and increase the numbers of people saving and borrowing from credit unions, and further notes that the Scottish Government will co-produce, with the credit union sector, a national strategy to further grow and strengthen this important sector.
Amendments that have not been voted on
Investing in our Credit Unions - Amendment - Amendment
Submitted by: Pauline McNeill, Glasgow, Scottish Labour, Date lodged: Monday, September 16, 2019
Current status: Taken in the chamber on Tuesday, September 17, 2019