FMQs 1st November 2011 – Credit Unions

Mark Drakeford: A wnaiff y Prif Weinidog ddatganiad am yr anogaeth a roddir gan gyrff sector cyhoeddus i ehangu aelodaeth undebau credyd yng Nghymru. 
[Will the First Minister make a statement on the encouragement provided by public sector bodies for the expansion of credit union membership in Wales

The First Minister: Public sector organisations in Wales, including the Government, publicly support Welsh credit unions. We know that they provide a tremendous service for many individuals and communities that would otherwise have no access to affordable credit. 

Mark Drakeford: Since you last answered questions here, International Credit Union Day has been celebrated in many different parts of Wales. Part of those celebrations was to draw more people into membership of credit unions, especially at a time when access to fair and affordable credit is ever more important. Public sector organisations have a leading role to play in extending that opportunity to their workers. They should be encouraged to offer that facility through payroll deductions and so on. Will you encourage them to do those small but important things that they are able to do to, such as advertising, encouraging and promoting credit union membership among their employees?

The First Minister: Trade unions have excellent networks and many employers are moving forward with increasing credit union membership among their employees. We have looked to support those initiatives. We have worked with Wales Trades Union Congress to promote the work of credit unions through organised training events, union representatives and their networks.