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B
But
the
sad
truth
is
that
is
the
most
vulnerable
in
our
communities
who
turn
to
unaffordable
Claytor
and
that's
why
it's
so
important
that
this
Parliament
and
its
members
continue
to
support
the
important
role
that
credit
unions
play
in
our
communities
as
providers
of
ethical
financial
services
on
the
17th
of
January.
Earlier
this
year,
this
Parliament
celebrated
the
rule
of
credit
unions
in
Scotland's
communities.
As
part
of
a
debate
and
as
members
know,
credit
unions
are
member-owned
financial
cooperatives,
meaning
they
exist
only
for
the
benefit
of
the
people.
They
use
their
services.
B
They
are
not-for-profit,
meaning
the
money
that
they
make
goes
right
back
into
providing
competitively
its
own
savings
and
for
loans
and
they're,
also
based
on
the
principles
of
individual
responsibility
and
mutual
assistance,
meaning
they
improve
the
lives
of
people
through
encouraging
the
wise
use
of
credit
and
teaching
the
importance
of
budgeting
and
many
creative
means
provide
complimentary
services.
In
addition
to
savings
and
landings
such
as
business
loans
and
mortgages.
B
Credit
unions
are
also
themselves
diverse,
ranging
from
small
community
models
to
large
organization
handling
millions
of
pounds,
however,
all
are
driven
by
a
singular
purpose
to
serve
the
members
rather
than
to
make
profits
for
a
select
few
and
over
four
hundred,
and
ten
thousand
people
in
Scotland
are
already
members
of
a
credit
union,
but
it
shows
modest
growth
from
last
year.
However,
credit
unions
should
be
much
more
mainstream
than
they
currently
are,
so
more
people
can
benefit
from
their
ethical
services
and
Wellsley.
B
Also,
oh
well
golf
who
also
provide
help
and
support
to
the
most
vulnerable
they're
not
and
should
not
be
defined
by
that,
and
in
fact,
the
rely
on
customers
from
all
walks
of
life
to
sustain
their
businesses
and
to
grow.
And
whilst
this
increase
in
membership
is
welcome,
there's
still
much
more
to
be
done
and
in
January.
During
the
debate.
B
I
heard
from
about
some
of
the
key
challenges
facing
credit
unions,
including
I,
need
to
increase,
speed
all
deductions
to
encourage
more
employees
to
save
it
means
a
key
area
to
progress
the
use
of
technology
so
that
crazy
unions
become
the
place
to
save
and
to
borrow
and
a
focus
on
education
of
young
people
in
both
primary
and
secondary
schools
to
develop
the
personal
financial
skills
and
also
promote
using
the
local
credit
union.
And
that's
why
we
welcome
the
amendment
from
Pauline
McNeil
and
intend
to
support
her
amendment.
B
A
source
of
support
for
that
a
growth,
and
it
was
clean,
clear
that,
while
our
efforts
to
support
and
grow
credit
unions
to
date
has
been
positive,
that
more
focus
and
a
determination
to
grow
the
sector
and
to
decide
do
so
alongside
the
sector
is
require
not
do
things
to
them,
but
to
work
alongside
them.
And
that's.
Why
I'm
really
pleased
that,
in
this
year's
program
for
government
we've
committed
to
coal
producing
a
nuclear
that
union
strategy
with
the
sector
that
will
enable
it
to
further
grow
further
develop
and
to
flourish?
B
And
it's
worth
emphasizing
the
importance
of
ensuring
co-production
is
at
the
heart
of
developing
this.
An
appropriate
acknowledgment
of
credit
union
principles
of
individual
responsibility
and
mutual
assistance,
and
it's
also
important
and
timely.
An
opportune
at
this
early
stage,
presiding
officer,
to
seek
members
views
and
thoughts
in
order
to
help
shape
the
strategy
for
Scotland.
So,
for
instance,
the
credit
union
strategy
will
naturally
have
a
focus
on
sustainability
of
individual
credit
unions
and
the
sector
as
a
whole.
Typical
of
the
wider
social
enterprise
sector.
B
Part
of
the
key
to
sustainability,
is
ensuring
that
the
next
generation
of
savers
and
borrowers,
use,
credit
unions
and
I
will
be
right
to
focus
or
in
the
future.
Savers,
meaning
that
the
strategy
will
look
to
ensure
you.
People
are
engaged
with
their
local
credit
union
and
to
identify
sustainable
ways
to
do
so
so
explore
the
successes
of
the
junior
saver
that
has
engaged
parents,
staff
and
people
volunteers,
promoting
a
saving
culture,
delivered
school
assembly
presentations
and
classroom
discussions
and
incentivize
young
people
to
become
junior
savers
through
a
range
of
promotional
activity.
B
So
that
provides
us
with
an
opportunity
to
learn
from
the
junior
receiver
scheme
and
work
out
what
went
well
and
what
can
improved
in
order
to
ensure
that
we
can
support
young
people
into
becoming
members
of
credit
unions,
affordable
credit.
There
was
also
an
area
that
requires
federal
attention
and
we
know
that
people
who
are
unable
to
access
mainstream
financial
services
means
that
their
choices
on
where
to
go
to
borrow
money
is
limited.
B
Some
may
turn
to
friends
and
families,
unfortunately,
who
they
themselves
may
be
on
low
incomes,
while
others
may
turn
to
high-cost
lenders
who
are
then
exposed
to
exploitative
practices,
because
there
is
simply
no
other
place
for
those
people
to
turn
to.
But
we
do
have
a
responsibility
in
the
Scottish
Government
to
help
provide
an
alternative
option
for
people
in
these
situations
so
that
they,
as
we
do,
have
access
to
credit
they
can
afford.
B
And
this
is
why
we
have
invested
1
million
pounds
in
Carnegie,
UK
trusts,
affordable
credit
fund,
and
this
resource
will
be
used
by
lenders
over
a
10-year
period
to
provide
a
genuine
alternatives
to
high-cost
credit
lenders
for
people
on
low
incomes
working
to
address
the
financial
exclusion
that
people
face.
Helping
were
disadvantaged
and
vulnerable
people
as
the
essence
of
the
affordable
credit
fund,
which
will
also
help
grow.
B
The
community
lending
sector
in
Scotland,
through
support
for
not
for
profit
organisations,
and
these
lenders,
including
credit
unions
and
Community
Development
financial
institutions,
will
support
increased
Financial
Inclusion
by
providing
access
to
day
advice,
savings
opportunities
and
banking
products
and
services.
I
fear
for
you
was
the
first
lender
to
draw
diamond
alone
from
the
affordable
credit
fund
to
expand
the
services
that
they
offered
in
Scotland
and
capital
from
the
funders
loan
to
borrowers
from
fear
for
you,
so
that
it
can
buy
essential
household
items
for
their
whom
fearful
use.
B
Repayment
rates
are
affordable
and
tailored
to
the
borrower's
income,
but
are
also
flexible,
allowing
borrowers
to
pay
off
the
loan
faster
and
pls
as
a
result.
If
we
can
afford
to
do
so,
so
our
support
for
their
sector
over
the
next
decade
is
key
to
supporting
the
growth
of
the
affordable
credit
sector
in
Scotland.
In
our
investment
in
the
fund
will
help
social
lenders
work
with
people
on
low
incomes
to
increase
their
financial
inclusion
and
also
contribute
to
tackling
the
poverty
premium.
B
However,
I
know
that
there's
always
more
that
can
be
done
and
I'm
always
open
to
hearing
suggestions
as
to
the
way
in
which
our
work
in
this
area
could
be
include.
No
during
the
debate
in
the
parliament
at
the
start
of
the
year
that
was
suggested,
the
Scottish
government
used
financial
transactions
to
boost
their
regulatory.
B
And
whilst
this
is
invested
to
lead
to
healthier
balance
sheets
for
credit
unions
and
in
turn,
allow
a
greater
level
of
affordable
lending,
I'm
keen
to
engage
with
interested
members
from
across
the
chamber
and
from
the
sector
itself
in
the
final
forum
that
that
takes
so,
for
instance,
we
know
that
IT
infrastructure
is
also
a
kiosk
from
the
credit
union
sector.
So
this
one
will
also
help
with
developing
this
key
facility,
which
worth
changing
attitudes
to
banking,
particularly
with
our
young
people.
C
To
have
integrity,
an
intervention
very
much
welcome
the
fund
would,
and
would
it
be
possible
to
give
a
commitment
that
the
fund
would
also
look
at
what
appear
to
be
lower
levels
of
engagement
with
credit
unions
in
more
rural
and
island
areas,
where
I
think
the
benefits
are
equally
obvious
who
work
to
date.
The
history
suggests
that
take-up
levels
are
a
bit
lower.
A
B
Because
absolutely
because
it's
important
that
we
deflate
the
voices
and
views
of
credit
unions
themselves,
because
part
of
their
strength
is
that
as
their
diversity
and
the
way
that
we
are
reflective
of
the
communities
that
they
serve
and
also
embedded
within
those
communities.
So
while
we
are
keen
to
develop
a
coherent
strategy
that
seeks
to
further
strengthen
and
grow
plays
at
unions
in
Scotland,
we
also
want
to
recognize
that
a
one-size-fits-all
approach
is
not
what's
required
either.
B
Our
national
performance
framework
seeks
to
create
a
Scotland
based
on
the
principles
of
painless
respect,
dignity
and
with
a
focus
on
well-being
and
credit
unions
will
help
us
in
the
pursuit
of
that
fear
of
Scotland.
That
I
think
we
all
want
to
see
created.
So
thank
you
and
move.
The
motion
in
my
need.
Thank.
D
E
D
D
This
is
not
just
going
to
be
a
cuddly
debate
about
how
much
we
do
love
credit
unions
and
we
do,
but
as
a
cabinet,
secretaries
outlane
is
rather
about
the
principle
of
widen
access
to
community
in
cooperative
banking,
ethical
side
to
saving
and
to
funding
life
essentially,
and
it's
a
fabric
or
modern
and
progressive
Scotland
that,
as
a
wider
issue,
I
think
about
teaching
people
how
to
look
after
their
money.
What
a
while
that
are
worldwide.
D
There
are
over
40,000
credit
unions
in
90
countries
and
staggered
in
the
Ireland
I
read
a
70%
of
the
population
belong
to
a
credit
union
that
doesn't
figure
I
like
as
I
figure,
I
think
that
we
should
be
aiming
out
because
I
do
believe
that
transforms
people's
approach
and
if
they
understand
the
importance
of
savings
and
can
alleviate
them
from
exorbitant
debt.
The
Scottish
corporates,
a
party
that
says
and
they're
briefing
that
we
need
to
move
away
from
the
idea
that
credit
unions
are
seen
as
a
financial
institution
for
people.
D
Perhaps
that
is
changing,
but
really
credit
unions
for
all
elements
of
the
community.
All
age
groups,
professions
and
workers
alike.
I
also
agree
that
more
needs
to
be
done
to
promote
credit
unions
amongst
young
people.
I
was
impressed
at
my
13
year
old
niece.
Has
I
credit
union
account
that
she
caught
at
prayer
minutes
ago,
so
I
see
we're
beginning
to
make
protests
and
skills,
but
gabbing
skilled
pupils.
D
The
access
to
a
credit
union
helps
them
to
learn
about
saving
we're
promoting
their
awareness
and
exists
of
credit
unions,
hopefully,
for
life
last
year,
labour
announced
that
we
would
expand
support
for
credit
unions
that
give
every
first
year
high
school
people.
20
parented
savings
account
with
our
local
credit
union,
because
we
believe
in
our
party
is
the
very
fabric
of
what
we
believe
in
aim
is
to
reduce
the
infants
of
payday
lenders
and
savings,
and
hopefully
we'd
like
to
do
that
within
a
generation
have
given
a
chance.
D
But
we
know
that
one
in
four
children
live
in
poverty
in
Scotland.
Many
families
feel
they
have
to
turn
to
high-cost
creator,
often
to
people
everyday
household
items
and
Bill's
step
change.
Scotland
estimated
700,000
people
in
Scotland
are
at
risk
of
problem
debt.
In
fact,
I've
noticed
report
after
the
for
illustrating
the
labels
of
personal
day,
and
probably
it's
quite
a
way
good
for
people,
which
is
deeply
concerning
one
in
three
working
families
in
the
UK
are
only
one
PJ
away
from
losing
their
homes
and
government
figures.
Sure
that
there
are
sixteen
point.
D
Five
million
of
courses
across
the
UK
was
no
savings
at
all.
It
perhaps
is
not
the
best
environment
right
now
or
we
face
brexit
and
many
other
austerity
issues.
They
cottage
saving,
but
we
need
to
promote
the
idea
of
it.
People
are
increasingly
relying
on
borrowing
through
payday
loans
in
credit
cards,
because
they
don't
see
an
alternative
step.
D
Change
also
highlight
the
fact
that
too
many
people
are
turning
to
this
kind
of
high-cost
Korea
and
the
report
that,
amongst
their
clients,
we
have
an
average
of
six
and
a
half
thousand
pounds
in
credit
card
there,
and
everyone
will
know
that
the
levels
of
22%
and
above
and
high
street
created
cars
you
can
see
who
can
stay
on
link.
That
is
as
an
aside.
D
We
also
believe
that
local
councils
should
have
the
power
to
limit
the
number
of
fixed
odds,
baiting
terminals
and
betting
shops
in
order
high
streets
to
tackle
higher
levels
of
debt
through
gambling.
Credit
unions
have
highlighted
that
peering
deduction
schemes
are
our
priority
for
sector.
The
cabinet
secretary
referred
to
this
and
I
think
it's
quite
obvious.
It
does
work
if
you
have
the
consent
of
the
person
concerned
to
agree
to
a
deduction
a
source
of
the
yes
I
will
yet
with.
A
D
Follow
me
100%
agree
with
the
point
that
mr.
McGuire
has
made.
We
not
only
come.
He
set
an
example,
I
think
it's
a
good
thing.
It
should
be
promoted
in
this
Parliament,
where
it's
possible
to
do
so.
Maintaining
savings
can
buffer
a
crucial
lifeline
and,
if
you're
hit
by
an
unexpected
expense
and
I
think
teaching
people
the
long
term
I'm
saving
long-term
savings
can
do
in
their
life.
D
I
think
is
usually
important
and
I
do
presiding
officer
put
on
record
that
I
am
a
member
of
the
co-operative
party
and
and
I
quote
them
when
I
say
that
they
are
fully
committed
to
double
in
the
size
of
the
co-operative
economy
and
they
believed
that
it
was
included
doubling
the
size,
two
credit
unions,
nature
and
Scotland,
and
so
the
cabinet's
negati
has
outlined
the
10
million
make
of
credit
union
advancement,
which
we
wholeheartedly
welcome.
You've
answered
some
of
the
questions.
D
It
would
be
helpful
to
get
a
bit
more
detail
of
how
much
of
the
money
will
be
allocated
over
what
period
will
not
be
allocated?
Will
it
be
recording,
or
is
that
a
one-off
investment
fund?
In
conclusion,
presiding
officer,
we
believe
in
labor
that
credit
unions
are
the
very
basis
of
saving
in
the
community.
It's
probably
a
concept
that
banking
that
has
never
been
needed
so
much.
It's
important
to
form
the
basis
of
our
modern,
Scotland
and
I
think
that
it
should
be
encouraged
and
every
single
we.
D
G
You
presiding
officer,
it
is
a
pleasure
to
open
this
debate
for
my
party
today,
and
the
cabinet
secretary
is
quite
right
in
saying
that
this
is
a
shared
vision.
I
think
we
certainly
had
it
in
our
manifesto
that
we
wish
to
make
financial
services
more
sorry,
the
credit
union
movement
in
making
financial
services
more
accessible
and
I.
Think
today
we
we're
certainly
going
to
be
supporting
the
motion,
and
the
amendment
and
I
suspect
most
of
us
speaking
today
will
be
repeating
many
of
the
same
things.
G
G
Now
that
doesn't
fare
very
well.
When
we
look
across
the
world,
the
US
have
43
percent
of
the
population,
engaging
in
credit
unions,
I.
Think
Canada
has
around
22%
and
Australia
around
25%,
so
you
can
clearly
see
we've
got
a
little
bit
of
work
to
do
and
I've
got
a
figure
of
42,000
credit
unions.
I
think
the
cabinet
secretary
said
forty
thousand,
and
so
you
know
the
numbers
not
exact
when
we
look
at
it.
G
G
But
we
hear
very
clearly
from
trade
organizations
that
they
are
seeking
reform
of
UK
legislation,
and
we
on
these
benches
would
certainly
support
that,
because
it
is
a
rather
peculiar
situation
where
the
range
of
financial
services
that
credit
unions
can
legally
supply
is
quite
restricted,
and
some
of
those
things
that
we
consider
quite
normal
within
our
financial
institutions,
such
as
credit
cards
or
insurance,
really
need
to
be
within
the
credit
unions.
Capacity
to
deliver
and
I
think.
Certainly,
the
sustainability
of
credit
unions
is
is
challenging.
G
So
the
extra
money
is
definitely
welcome
and
the
Scottish
League
of
credit
union
said
that
the
challenge
for
credit
unions
is
that
they
do
operate
in
a
very
restrictive
legislative
environment
and
the
interest
rates
that
they
charge
on
loans
is
capped
by
law.
So
therefore
they
have
margins
of
profit
II
as
well.
So
we
need
to
help
support
the
changes
around.
Some
of
that,
but
overall
I
think
we're
looking
at
very
positive
movements,
and
we
are
certainly
more
than
happy
to
support
that
the
direction
of
travel,
the
Scottish
Government
headed
in
so
in
conclusion,
dr.
G
H
Very
much
waiting
officer
and
I
thank
the
cabinet
secretary
for
bringing
this
debate
this
afternoon.
Scottish
greens,
to
were
elected
on
a
manifest
er
to
champion
credit
unions,
but
not
on
the
credit
unions.
Also,
a
wide
range
of
other
realistic
alternative
to
the
traditional
banking
sector,
including
corpse
and
Mutual's,
and
the
cabinet
sector,
has
made
an
announcement
of
a
new
10
million
pound
fund
in
the
programme
for
government
support
the
growth
of
credit
unions
across
Scotland
from
financial
transactions.
H
I
look
forward
to
further
details
of
that
in
due
course,
I
don't
know
if
she
could
say
a
little
bit
more
about
how
that's
going
to
be
handled
in
her
winding
up.
She
did
mention,
of
course,
a
consultation
with
the
sector,
but
the
latest
data
that
I
have
shows
that
Scottish
credit
unions
have
about
290
million
pounds
out
on
loan
to
ten
another.
Ten
million
is
about
three
percent
and
it's
critical
I
think
their
financial
transactions
do
something
more
than
just
conventional.
H
Capitalization
of
credit
unions
have
been
stood
in
further
details
either
this
evening
this
afternoon
or
in
due
course.
As
other
members
have
said,
there
are
about
90
credit
unions
in
Scotland,
with
a
membership
of
over
430
mm,
which
I
think
it's
actually
extremely
encouraging.
That's
quite
a
lot
of
people
and
it
is
the
biggest
mutual
sector
in
the
Scottish
financial
industry.
H
So,
although
the
credit
union
sector
in
Scotland
is
profitable
and
is
self-sustaining,
there
is
a
strong
case
for
investment
in
order
for
the
sector
to
grow
in
the
way
it
would
like
to,
and
so
I
welcome.
The
support
for
a
new
strategy,
but
I
think
it's
important
that
a
new
strategy
can
also
have
the
support
it
needs
to
be
able
to
be
implemented,
amongst
other
things,
the
Scottish
household
survey
in
2017,
which
is
the
latest
one.
H
Forty-Nine
percent
of
people
in
social
rented
accommodation
had
no
savings
at
all
eighteen
percent
at
less
than
a
thousand
compared
to
the
owner
occupier
sector,
only
nine
percent
had
no
savings
and
71
percent
had
savings
of
more
than
a
thousand
parents.
So
the
ability
to
access
finance
the
ability
to
be
able
to
save
is
absolutely
critical
and
is
massively
influenced
by
things
like
one's
housing.
H
Citizens
are
customers
at
one
of
the
local
banks
that
incorporate
the
cantonal
Network,
which
hold
together
over
300
over
256
billion
of
domestic
finance
and
one-third
of
SMEs
conduct
their
business
through
them.
So
that's
the
bigger
picture
which
I
think
we
need
to
be
alert
to
and
remember
it's
not
just
about
credit
unions
is
about
the
democratization
of
the
way
to
financial
sector.
So,
in
conclusion,
citing
officer
I
welcome
this
debate.
Scotland's
credit
unions
are
a
very
welcome
part
of
our
financial
landscape.
H
C
Presenting
mr.
Lake
covers
can
I
welcome
this
afternoon
to
be
on
a
subject.
I
think
the
Parliament
has
got
a
good
track
record
and
returning
to
a
regular
basis,
Norfolk
confirms
that
it's
Liberal
Democrat
strong
support
for
the
proposals
brought
forward
by
the
cabinet
secretary,
as
in
previous
debates,
I
should
start
by
declaring
an
interest
as
a
member
of
the
high
score
credit
union,
which
operates
across
the
Highlands
and
Islands,
and
almost
certainly
the
enterprise
that
the
cabinet
secretary
was
in
discussions
with
recently.
C
My
savings
are
not
essential
to
keeping
hi
Scott
a
fluid,
but
it
is
good
to
see
this
Chloe
Union,
making
a
positive
contribution
to
communities
across
the
region's.
From
its
beginnings
in
the
Western
Isles
in
my
constituency,
hi
Scott
works
closely
with
oourtney
Housing,
Association
and
voluntary
action.
Oourtney
I
think
epitomizing
the
sort
of
partnership
that
is
key
to
the
success,
the
sustainability
of
such
operations
in
remote,
rural
and
Ireland
areas,
and
while
membership
across
Scotland
is
up
to
around
I,
think
four
hundred
and
thirty
thousand
or
so
in
the
Highlands
and
Islands.
C
It
is
a
modest
two
thousand
two
hundred
suggesting
that
is
room
for
growth.
I
would
hope
that
the
part
of
the
Credit
Union
investment
fund,
and
indeed
the
government's
developing
strategy,
will
allow
specific
attention
to
be
given
to
ways
in
which
the
benefits
of
credit
unions
can
be
opened
up
to
more
individuals,
more
households
and
more
communities
across
a
rural
and
island
areas,
and
that's
the
view
shared
with
hi
Scott
credit
union
are
those
benefits
are
not
in
question.
Credit
unions
encourages
others,
have
set
a
savings
culture
and
they
provide
affordable
loans
and
protection.
C
As
the
motion
suggest
from
predatory
lenders,
there
are
also
based
on
the
principle
of
a
common
bond
I
hear
connection
within
a
community.
It's
about
people,
helping
people,
whether
that's
the
small
volunteer,
run
unions
with
hundreds
of
members
or
the
larger
unions,
with
paid
staff
and
premises
in
country.
Perhaps
the
common
perception
create
unions
are
not
just
for
people
who
are
in
property,
I,
think
Michele
Valentine
was
quite
right
and
volume
in
your
life
also
and
reminding
us
that
there
for
all
people
in
all
communities-
and
again
this
may
be
something
the
investment
fund.
C
Can
look
at
reinforcing
credit
unions,
help
build
resilience,
improve
financial
capability
and
nurture
cohesion
within
communities?
Those
are
all
desirable
qualities
at
the
best
of
times,
but
during
a
period
of
economic
turmoil
such
as
we've
seen
over
the
past
decade,
their
importance
increases
many
times
over
in
Scotland.
C
Of
course,
they
have
proved
more
popular
than
almost
anyone
else,
and
so
I
welcome
proposals
that,
for
the
investment
fund
included
in
the
programme
for
government
with
around
a
hundred
credit
unions
in
Scotland
over
four
hundred
and
thirty
members,
more
than
a
half
a
billion
in
assets
in
lorentz
approaching
three
hundred
million.
There
is
real
strength
in
the
sector,
but
an
appetite
and
capacity
to
grow.
One
area
for
development,
though
touched
on
in
earlier
debates
and
again
by
Polly
McNeill.
There
was
required,
and
others
is
the
scope
for
more
action
in
payroll
deduction.
C
This
is
a
great
way
of
enabling
people
to
see
regularly
were
necessary.
Man
is
lonely
payments
effectively.
It's
no
good
reason.
It
would
seem
why
it
isn't
a
standard
workplace
benefit
and
to
be
fair.
Some
employers
do
offer
it,
but
they
are
very
much
in
a
minority
and
even
well.
It's
available
often
little
is
done
to
promote
take-up
among
staff.
I'd
welcome
more
details
from
the
Minister
on
progress
is
being
made
and
aspirations
in
this
area.
If
nothing
else
emphasizing
emphasizing.
C
C
As
I
said
last
time,
there
seems
to
be
an
obvious
opportunity
to
like
link
the
work
on
promoting
the
living
wage
more
closely
to
efforts
to
encourage
employers
to
sign
up
to
payroll
deduction
arrangements
with
credit
unions
and
identifying
individuals
within
those
companies
who
can
act
as
credit
union
pians
to
encourage
take-up
presiding
officer.
Again,
I
welcome
the
debate
and
the
progress
we
are
making
expanding
the
reach
the
credit
unions
have
in
scotland,
hopefully
by
the
time
we
next
debate
this
issue.
C
I
F
You
presiding
officer,
I
welcome
the
Scottish
Government's
commitment
to
seeing
the
credit
sector
union
grow,
the
credit
union
seixal,
even
a
grow
and
thrive,
and
also
the
cross-party
support
that
credit
unions
have
in
our
Parliament
here,
owned
and
controlled
by
members
and
with
a
membership
based
on
a
common
bond.
Credit
unions
are
underpinned
by
the
co-operative
ethos
of
people,
helping
people
and
are
committed
to
maximizing
the
quality
of
service
that
are
provided
to
members,
not
the
extent
of
profit.
F
That's
provided
to
shareholders,
as
has
been
mentioned,
membership
of
credit
unions
is
based
on
a
common
bond,
an
area
or
a
group
of
people,
and
everyone
in
Scotland
has
at
least
one
credit
union.
They
can
join
access
to
an
extensive
range
of
services.
Clay
that
unions
have
long
played
an
important
role
in
serving
those
and
our
communities,
her
typically
excluded
or
underserved
by
mainstream
financial
services,
and
importantly,
there's
a
strong
ethos
within
the
sector
that
those
who
do
not
have
other
Claytor
options
should
not
be
charged
a
premium.
F
My
constituents
are
served
well
by
first
Alliance,
credit
union
and
coenen
who's
well,
as
supporting
a
diverse
range
of
savers,
and
borrowers
have
been
proactively
involved
and
worked
to
address
the
challenges
facing
many
of
our
community.
A
survey
of
AB
cools
members
and
2018
showed
the
unlike
commercial
lenders.
Most
do
not
have
a
minimum
sum
that
they
would
l'ainte
a
member
and
a
large
majority
86%
would
consider
lending
to
a
member
whose
only
income
was
derived
from
benefits.
The
credit
union
sector
is
both
responsible,
profitable
and
self-sustaining.
F
However,
there
is
a
strong
case
for
investment
growth
and
the
sector
will
be
of
great
social
as
well
as
economic.
The
commitment
and
the
program
for
government
to
10
million
parent
credit
union
investment
fund
and
the
development
of
the
national
strategy
is
much
welcomed
and
I'm
glad
to
see
the
motion
state.
The
strategy
will
be
co-produced
within
the
sector.
F
The
cross-party
group
on
credit
unions
discussed
technology
our
last
meeting,
and
this
is
an
area
where
there's
real
potential
for
investment
to
assist.
We
know
that
high-cost
credit
is
easily
obtained
on
digital
and
mobile
platforms,
and
also
that
consumers
expect
to
be
able
to
do
banking
em
on
their
tablets
or
phones.
Now,
credit
unions
being
able
to
reach
potential
members
on
mobiles
and
tablets
would
be
hugely
beneficial.
However,
I
think
it's
important
to
recognize
the
risks
and
challenges
that
need
to
be
addressed.
To
deliver
this.
F
It
would
seem
to
me
that,
with
support
and
investment
from
the
Scottish
Government,
that
ethical,
appropriate
solutions
for
all
sizes
of
credit
unions
could
be
found
that
open
up
the
benefits
of
credit
unions
to
even
more
Scots
an
opening
I
welcomed
the
Scottish
Government,
and
each
in
Parliament's
shared
commitment
to
seeing
the
sector
grow
and
thrive
and
presiding
officer.
I,
look
forward
to
working
with
all
who
wish
to
see
that
int.
Thank
you.
Thank.
J
J
The
Scottish
government
have
their
strategy
again,
the
cabinet
secretary.
They
said
she
would
welcome
views
from
the
sector
itself
and
also
from
across
party.
So
if
I
can
for
my
three
pennies
working
very
briefly
this
afternoon,
the
first
is
and
I
think
it
has
been
picked
up
by
a
number
of
speakers
already.
In
fact,
we
do
have
to
do
some
succession
planning.
There
is
a
danger
that
credit
unions
are
seen
for
a
certain
type
of
generation
and
perhaps
mr.
J
I'm
trying
to
win
friends
force
afternoon
cabinet
secretary
and,
however
I
do
believe
at
joking
apart,
but
we
do
need
to
make
sure
that
this
news
is
got
into
the
schools
and
into
universities
and
colleges,
because
I
do
think.
It
is
important
that
we
are
planning
for
the
future
and
we
do
see
the
expansion
coming
and
from
younger
people.
Secondly,
I'd
like
to
pick
up
at
the
point
made
by
my
colleague,
Michelle
Valentine
and
again
by
others
and
Mally's.
J
There
is
a
danger,
but
this
is
seen
for
a
certain
type
of
individual
or
from
a
person
who
come
from
a
certain
background
and
I
think
that
is
a
perception,
but
is
still
out
there
for
many
people
and
I
do
think.
We
need
to
see
credit
unions
for
everybody
within
our
society
and
whoever
they
would
see
themselves
as
wealthy,
a
class
or
less
well-off
and
credit
unions
will
only
be
able
to
grow
and
be
able
to
lend
more
money.
J
I
K
You
say
no
so
I
want
to
start
by
thanking
the
cabinet
secretary.
She
will
recall
that
the
last
time
he
celebrated
in
this
chamber
the
contribution
credit
unions
make
to
a
fairer
Scotland
that
I
asked
the
government
to
consider
emulating
the
Welsh
government
and
enabling
credit
unions
to
access
financial
transactions
to
boost
regulatory
reserves.
K
K
And
when
you
read
the
briefing
circulated
by
Abdul
details,
Scottish
government
support
over
the
past
10
years
or
so,
and
this
10
million
pound
investment
is,
in
my
view,
the
biggest
foot
of
confidence
and
what
the
credit
union
sector
has
and
will
achieve
for
the
communities
that
they
seek
to
serve.
And
when
you
look
and
permission
from
Lloyds
Banking
Group
and
their
credit
union.
Development
Fund.
You
can
see
the
the
fivefold
leverage
effect
of
their
investment
of
5
million
pounds
in
tech
capital
reserves
to
date.
K
And
we
know
that
the
purpose
of
this
10
million
pounds
is
to
provide
loans
to
credit
unions,
to
strengthen
their
balance
sheet
and
increase
their
digital
and
physical
presence.
And
while
this
might
sound
like
the
the
dry
language
of
accountants,
but
it
actually
gets
to
the
very
heart
of
the
matter
about
how
we
best
support
credit
unions
to
support
more
people,
both
borrowers
and
savers,
and
how
we
strengthen
the
capacity
of
the
movement
and
the
longer
term.
K
Because
we
should
not
limit
our
ambition
to
four
hundred
thousand
plus
people
being
members
of
90
credit
unions
and
Scotland.
And
we
can
and
must
do
more.
Particularly
in
getting
the
message
across
that
credit
unions
are
for
everyone,
irrespective
of
your
income
and
been
able
to
invest
in
technologies
with
McGuire's
ease,
enables
a
better
service
to
customers
and
demonstrates
that,
while
credit
unions
are
indeed
ethical
lenders
with
strong
community
roots,
they
are
also
trusted
safe
and
professional.
K
Thirteen
point
six
million
pounds
to
be
specific
to
the
west
wooden
community,
and
it
should
be
congratulated
on
that
and
everything
that
it
has
achieved.
Nasa
McGilvery
is
a
stalwart
of
Westland
credit
union.
She
was
my
local
hero
at
the
opening
of
Parliament
in
2007
Nancy
and
everybody
else
involved,
and
the
West
ruling
credit
union
remain
local
heroes,
as
does
everybody
else
who
supports
the
ninety
credit
unions
across
Scotland.
Thank.
L
Of
course,
credit
unions
have
a
peripheral
role
in
offering
a
different
kind
of
business
model
and
one
that
works
for
everyone.
I
would
be
interested.
I
had
a
call
a
long
time
ago,
when
I
was
a
government
minister.
There
was
a
bit
of
reception
to
who,
where
actual
credit
union
members
and
in
fact
counter-intuitively
it
transpired.
L
It
was
better
off
people
and
with
better
incomes,
and
so
we
asked
the
cabinet
stated
perhaps
refresh
that
research,
particularly
because
if
the
junior
service
model
is
working,
do
we
know
that
it
is
working
in
some
of
the
most
vulnerable
communities.
Or
is
it
something
that's
working
amongst
families
who
are
already
perhaps
better
in
terms
better
in
terms
informed
terms
of
financial
education?
L
And,
of
course,
we
debated
many
of
these
issues
in
January
and
this
year
and
I
would
welcome
an
update
and
some
of
the
issues
highlighted
then
specifically
around
what
practical
things
as
well
as
the
announcements
today,
the
Scotia
common
has
done
to
promote
and
support
that,
of
course,
Scottish
charter.
A
credit
union
nation
what's
been
done
to
address
the
concerns.
I
highlighted
of
credit
unions
about
the
impact
of
inappropriate
use
of
protected
trust
deeds
which
impact
on
the
ongoing
business
of
the
credit
union
for
making
sure
that
the
insolvency
practitioner
is
paid.
L
We
recognize
the
power
of
credit
unions
and
I
welcome
the
10
million
pounds
in
union
investment
funds.
We
do
now
need
the
detail
that
will
make
the
real
change
we
seek.
How
will
the
money
be
allocated
what's
the
time
scale,
for
spending
the
money
and
for
repaying
loans?
Is
this
a
one-off
commitment,
or
will
it
be
a
recurring
part
of
the
government's
budget,
given
the
benefits
that
can
be
achieved
by
credit
unions,
and
we
all
agree
to
this?
L
Why
was
the
funding
in
the
form
of
a
loan
by
welcome
what
has
been
done,
but
whether
and
other
modules
am
considered?
We
look
at
the
economic
incentives
given
to
the
private
sector
to
come
into
communities
and
I,
wonder
if
that
something
at
least
the
government
would
appear
to
consider
further.
Will
there
be
legislative
or
regulatory
changes
to
support
this
investment?
L
Will
the
Scottish
Government
actively
look
at
the
means
of
exempting
credit
unions
from
business
rates,
ensuring
their
greater
visibility
and
sustaining
town
centres,
as
the
government
aim
explored
how
the
credit
unions
might
connect
to
Scottish
well
feared
from
strategy?
If
it
does
seem
to
me
that
there
would
be
a
very
good
fit
for
these
m
and
finally
I
just
want
to
emphasize
that
I
believe
cooperative
economic
models
offer
huge
opportunities
for
a
stronger
and
fira
decorum
and
I'm.
L
Sure
many
across
the
chamber
would
agree
with
that,
but
these
models
are
often
not
taught
in
our
schools
in
our
colleges
and
our
universities,
and
it
would
be
I
think
important
if
the
Scottish
government
was
willing
to
support
the
idea
of
this
approach
with
education.
Trade
on
uncooperative
models,
an
economy
where
mainstreamed
entire
education
system,
the
great
strength
of
the
credit
union
movement,
the
co-operative
movement
is
that
it
brings
together.
Vision
was
the
practical
delivery
on
these
ideas?
L
I
M
Thank
You
presiding
officer
I'm
very
grateful
for
the
opportunity
to
take
part
and
what
I
think
it's
been
an
excellent
debate
this
afternoon.
Full
of
ideas
from
all
sides
of
the
chamber
and
I
would
like
to
take
this
opportunity
to
thank
the
government
for
bringing
this
forward
and
to
also
to
compliment
the
cabinet
secretary
in
a
very
open
and
engaged
way.
She
has
presented
the
Scottish
Government's
motion,
I.
M
They
are
sturdy
founded
in
1979
I,
believe
it
may
have
been
one
of
the
last
credit
unions
to
be
established
before
the
Credit
Union
Act
of
that
year,
and
it
never
has
five
over
5000
members
on
a
rein,
Fisher
Wade,
common
bonds
to
not
serve
and
just
Johnston,
but
the
Hall
of
a
10
Fisher
community.
And
this
is
an
award-winning
credit
union
that
recipient
of
the
Scottish
Enterprise
millennium
award
for
Community,
Development
and
also
I,
said
being
at
the
Queen's
Award
for
volunteer
service
in
2004.
M
M
It
was
access
to
over
1.8
million
people,
and
I
also
want
to
commend
the
credit,
Pioneer
mutual
on
being
a
signatory
to
the
women
in
finance
charter,
which
pledges
to
retain
50%
of
women
in
senior
management
positions
within
the
financial
sector.
I
think
there's
been
many
very
substantive
contributions,
but
there
was
something
that
Pauline
McNeil
highlighted
in
her
remarks
and
what
she
said:
mrs.
M
a
nor
a
cuddly
to
be
as
consensual
as
it
may
be,
because
I,
the
heart
of
the
credit
union
movement
as
an
e
force,
which
I
think
has
never
been
more
relevant
to
society
and
the
contemporary
challenges,
which
we
face.
Individual
responsibility
and
mutual
assistance,
the
prevalence
of
cheap,
easy
and
accessible
crater.
M
Now
time
is
limited,
I
only
have
a
few
seconds
left,
but
one
thing
I
do
want
to
welcome
before
closing
as
the
commitment
to
the
10
million
pounds,
investment
fund
and
notice
by
the
cabinet's,
terra-cotta
Vestas,
very
exciting,
and
one
thing
I
did
know-
was
that
some
of
this
fund
will
be
available
for
spending
or
an
eye
and
I.
Think
it's
important
that
we
do
all
we
can
to
support
credit
unions
to
keep
pace
with
the
latest
innovations.
M
To
give
just
one
example,
where
I
would
be
curious
to
see
what
potential
there
was
there's,
never
growing
use
of
rounding
up,
perhaps
or
in
mobile
telephones
as
a
means
of
saving
I
would
be
curious
if
this
was
something
that
could
be
applied
to
the
credit
union
movement
to
enable
people
to
save
more
efficiently
and
with
greater
ease,
but
unfortunately,
time
for
vents
before
going
any
further
presiding
officer.
Thank
you.
Thank.
I
N
You
presiding
officer,
I'm
glad
there
appears
to
be
a
broad
consensus
over
the
benefits
that
credit
unions
can
bring
to
people
across
the
country,
providing
an
accessible
finance
at
much
lower
risk
than
payday
lenders.
The
additional
10
million
announced
in
the
program
for
government
is
therefore
welcome,
as
are
the
plans
for
a
new
Nationals
strategy
for
the
industry
and
I
look
forward
to
seeing
the
implementation
described
by
the
minister
today
today,
given
the
credit
union,
membership
has
increased
by
20,000
the
last
year
alone.
N
N
N
N
I
think
it
will
be
able
to
law
and
I
think
if
we
can
be
able
to
broaden
the
base
people
going
to
credit
unions
that
will,
in
turn,
provide
for
further
investment.
So
I
hope
that
the
ten
meanings
announced
by
the
Scottish
Government,
along
with
significant
work
done
by
UK
government,
will
be
enough,
but
I
urge
ministers
to
keep
a
close
eye
on
this.
N
It
was
good
to
see
the
Scottish
government
put
forward
a
public
information
campaign
to
rate
well
to
raise
awareness
of
this
win
in
this
regard,
but
I'm
not
sure
whether
it
was
intended
or
not,
but
this
seems
to
have
fallen
by
the
wayside
in
recent
months
and
the
wonder
if
ministers
have
given
additional
consideration
to
further
efforts
to
inform
the
public
without
about
the
value
of
credit
unions,
I
hope
the
Minister
can
address
this.
You
know
summing
up
presiding
officer.
The
intrinsic
value
of
credit
unions
is
such.
N
We
should
seek
to
revise
their
widespread
use
when
possible,
those
who
may
not
be
able
to
get
bank
loans
or
other
but
more
accessible
options.
Credit
unions
represent
a
far
better
source
of
finance
than
payday
lenders
with
primitive
interest
rates
well
into
the
thousands,
so
I
welcome
the
investment
promised
in
the
programme
for
government
and
all
scrutinizes
effect,
as
well
as
the
new
national
strategy
in
due
course,
there
is,
of
course,
further
work
that
needs
to
be
done
to
ensure
sustainability
of
the
credit
unions
going
forward.
N
I
O
You
presiding
officer,
I
am
pleased
to
take
part
in
this
debate,
as
we
can
never
highlight
enough.
The
importance
of
credit
unions
to
our
community
and
while
there
are
over
410,000
people,
served
by
credit
unions,
I'm
sure
the
potential
customer
base
is
much
higher
and
it
is,
as
others
have
said,
really
important
that
knowledge
of
their
existence
is
embedded
in
our
schools
and
indeed
thieving
is
started
in
primary
schools
and,
as
importantly,
continued
in
secondary
schools.
O
It's
interesting
in
researching
for
this
to
beat
that
six
point:
nine
percent
of
the
Scottish
population
are
enrolled
in
a
credit
union
compared
with
only
1.5
percent
in
England
and
two
percent
in
Wales
and
I
think
this
is
a
testament
to
the
backing
and
promotion
that
credit
unions
get
from
the
Scottish
Government
and
like
Pauline,
McNeil
I
was
looking
endlessly
at
the
level
of
participation
and
Ireland
over
70
percent.
We've
got
a
bit
of
a
way
to
go.
It's
also
important.
O
In
my
opinion,
the
banks
and
credit
unions
shouldn't
be
seen
as
operating
in
competition
with
one
another,
but
rather
in
cooperating
to
offer
a
better
service
to
customers,
especially
those
in
our
community.
In
our
poorer
communities,
this
is
happening,
I
know
with
the
Lloyds
Bank
loads
banking
groups,
Credit
Union
Development
Fund.
In
2014,
they
launched
a
four
million
over
four
years
fund
to
assist
credit
unions
in
strengthening
their
financial
positioning
position
and
enabling
them
to
grow
sustainably,
building
resilience
and
helping
much
more
people.
In
the
long
term.
O
Today,
Lloyds
Foundation
have
supported
credit
unions
with
over
six
million
UK
white
I'm,
not
sure
how
much
of
that
support
has
come
to
Scotland,
but
as
well
as
the
financial
assistance.
Their
support
also
includes
signposting
customers
to
credit
unions,
sharing
expertise
with
a
number
of
Bank
colleagues,
volunteering
and
credit
unions,
but
they
also
seconded
to
full-time
colleagues
to
work
with
the
Department
of
Work
and
Pensions
Credit
Union
expansion
project
and
in
Scotland
the
Scottish
Government
has
much
funded.
O
The
Carnegie
UK
trust
investment
of
1
million
in
the
affordable
credit
fund
to
allow
individuals
with
low
incomes
and
poor
credit
rating
to
access
finance,
and
this
is
all
good
news.
As
credit
unions
tend
to
be
much
less
scary
than
banks,
their
officers
are
usually
in
our
communities
and
run
by
people.
They
probably
know
it's
also
important
that
credit
unions
are
embedded
in
the
network
of
support
and
financial
advice
to
our
communities
with
signposting
to
other
financial
and
budgeting
advice
and
crises
services
such
as
food
banks,
if
necessary,
presiding
officer
in
talking
about
credit
unions.
O
To
my
credit,
the
credit
union
in
which
I
saved
for
many
years,
ness
cue,
Northeast,
Scotland
credit
union
folded
last
year,
and
this
was
one
of
the
reasons
given
that
there
were
not
enough
borrowers
with
good
credit
rating
borrowing
from
the
credit
union.
They
were
asset
rich,
but
as
I
say,
there
was
not
enough
what
a
lending
business
to
keep
it
going
so
cabinet
sector
I.
Think
there's
much
unanimity
within
the
chamber
today
to
support
the
Scottish
Government's
work
in
this
realm,
so
more
power
to
your
elbow.
Thank.
I
E
E
There's
a
lot
of
discussion
about
participation,
the
fact
the
four
hundred
and
ten
thousand
people
in
Scotland
and
Clare
that
unions.
But
what
really
interested
me
was
the
point.
Maudie
more
was
just
making
their
bike
top
B
Pauline
MacNeil
other
dissipation
levels
in
Ireland
of
seventy
percent
and
clearly
that's
been
Bo
up.
You
know
historically
you're
not
going
to
kind
of
turn
the
tap
on
overnight
and
the
recent
improvements
are
welcomed
in
Scotland,
but
it
shows
that
you
know:
we've
got
to
do
so
much
more
to
try
and
improve
outstanding
international.
E
Central
to
that,
you
do
need
a
strategy,
but,
as
Andy
Wayman
pointed
out,
you
know
that
really
needs
action.
It
really
needs
to
move
it
forward
and
it
also
wraps
around
then
to
other
issues
like
housing
and
there's.
Andy
Weidman
said
that
the
democratic
model
being
used
in
terms
of
that
the
the
court
party
of
the
noir
of
X
on
what
promoting
credit
unions
I
along
with
AB,
are
cool
and
I.
E
Think
there's
going
to
be
more
done
to
promote
you
know
not
just
care
that
unions
but
core
values,
and
that
should
be
central
to
or
the
education
that
goes
on
in
schools
and
colleges
because
reason
our
awareness
with
young
people,
young
students
and
young
pupils,
kids,
okay,
could
certainly
do
a
lot
to
increase
those
participation
levels.
I
think
the
idea
that
some
admitted
in
a
debate
of
govern
school
pupils
are
counts,
word,
jamón,
I
know
it's
been
done
previously
in
Glasgow
retain
pwned
accounts
as
a
good
one.
E
It
would
be
useful
to
hear
from
the
cabinet
secretary
specific
the
how
that
is
going
to
be
at
Aldo
and
how
it's
going
to
be
used
and
to
say
up
ones
and
finally,
I
think
the
point
John
lament
made
about
supporting
volunteers.
It's
very
important
indeed
because
they
have
crucial
to
the
network
that
goes
behind
many
credit
unions,
so
in
summing
up
their
their
people
to
say
ignore.
E
P
You,
deputy
presiding
officer
has
been
said
this,
but
a
very
consensual
to
be
eight
today,
which
is
not
always
always
the
case,
and
here
and
we've
had
from
across
to
the
chamber
and
the
the
detail
of
the
Credit
Union
being
unknown.
Not-For-Profit
cooperative
financial
boarding
and
in
offering
those
loans
underwent
history,
offering
loans
and
saving
services
to
people
struggling
to
gain
access
to
create
that
otherwise,
and
one
of
the
key
elements
anything
is
helping
to
build
and
improve
credit
ratings
and
providing
that
financial
education
and
develop
money
management
skills.
P
And,
as
we
mentioned,
what
I
mean
the
what
ethical
and
affordable
well
in
a
lot
of
people's
species,
including
Ruth,
McGuire
and
Pauline
McNeil
I.
Think
all
of
us
would
would
recognize
that
a
we
need
access
to
credit.
Most
of
us
I'm
quite
sure,
most
of
us
at
some
point
or
all
have
they
approached
their
bank
and
asked
for
some
financial
help
and
that's
something
that
we
would.
We
would
take
for
granted
asking
on
the
street.
P
Perhaps
where
people
would
go
if
they
needed
financial
help
and
they
might
say
the
bank
they
might
talk
about
approaching
family.
They
may
even
talk
about
paid
payday
lenders
or
even
selling
some
goods
to
free
up
some
cash,
but
surprisingly
few
of
them,
which
suggests
using
Claire,
Union
I.
Think
everybody
in
the
in
the
chamber
agrees
that
that
has
to
change
I,
think
what
they're
doing
is
supporting
people
struggling
to
deal
with
financial
management
or
experiencing
that
short
term.
How
him
and
I
have
to
see
clearly
in
wasn't
something.
P
You
saw
as
welcoming
that
it's
got.
His
comment
have
announced
this
ten
million
in
new
funding
for
the
clearly
unions,
but
I
think
it's
important
I
think
it
was
only
wait
men
that
said
it's
not
just
to
strengthen
the
balance
sheets,
but
also
looking
at
maybe
the
digital
and
physical
offer.
They
are
to
promote
the
credit
more
widely
we
in
Scotland
we,
we
do
have
a
high
objective.
The
claim
unit
compared
to
most
places
with
an
United
Kingdom
but
Northern
Ireland,
are
showing
us
the
way
forward
there.
P
So
I
think
it's
I
think
him
yeah
I
also
was
miss.
Here
was
a
time
when
more
and
more
banking
services
are
moving
out
of
town
centres
and
online
I.
Think
the
credit
union
near
has
that
potential
there
to
step
and
and
fill
some
of
those
gaps
or
visibility
and
awareness
are
key
to
making
credit
union
successful
to
be
omit
to
be
viable
and
people
need
to
need
to.
P
They
need
people
who
are
willing
to
save
people
who
are
looking
for
loans
and
both
of
those
require
people
who
know
what
the
credit
union
is
where
they
are
and
how
to
use
them.
I
think
that
lack
of
knowledge,
as
has
been
mentioned
several
times
across
this
chamber,
has
the
ability
to
drive
people
towards
there
was
more
more
unethical
sources
of
money
was
high-cost
credit
services
like
payday
loans,
which
not
only
take
advantage
of
people's
needs
for
support.
P
I
also
think
they
can
make
people
more
skeptical
of
organisations
like
a
credit
union,
on
the
assumption
that
there
has
to
be
a
catch.
So
I
think
it's
imperative
that
we
continue
that
that
development
I
think
unsurprisingly,
Juwan
lament.
It
spoke
of
the
need
for
Scottish
government
reasoning
that
the
profile
of
financial
education
in
schools
and
again
welcome
the
Scottish
Government's
scheme.
That's
providing
financial
support
to
development
of
the
junior
saver
scheme,
so
I
think
that
also
we
have
to
recognize
that
there
are
that
both
governments
are
working
on
this
I
think
new
key
calm.
P
I
think
an
interesting
one
from
you
is
piloting
the
anticipate
lawns
and
price
lengths
saving
schemes
to
help
credit
unions
so
as
a
lot
again,
a
lot
of
consensus
in
in
this
chamber,
but,
as
was
highly
clear
but
I,
have
to
make
sure
that
the
content
to
be
action,
because
certainly
Koreans
are
a
vital
component
of
Scotland's
financial
sector
and
their
continued
expansion
can
bring
real
benefit
across
the
country.
Thank.
I
B
Thank
you
for
sizing
officer
and,
like
other
members
who
have
contributed
to
this
to
be,
it
has
been
a
good
debate
and
I
thought
a
debate
and
absolutely
could
be,
like
others
have
with
polling
McNeil's,
pointing
that
this
should
also
not
be
a
cuddly
to
be,
though
I
was
very
pleased
that
Jeremy
Bofur
recognize
the
significant
age
difference
between
myself
and
MacArthur.
I
was
quite
happy
babe,
but
I
think
a
you
know,
and
there
was
some
good
humor
through
the
the
DES
beep
I.
B
Think
a
when
parliamentarians
fundamentally
agree
you
and
the
principles
of
something
like
crazy
unions
and
the
good
that
we
can
bring
by
promoting
an
ethical
approach
to
finance
financial
inclusion
and
saving
in
the
community.
Then
it
curves
like
the
space
for
us
to
also
work
together
to
capture
all
the
thoughts
and
ideas
and
expertise
and
suggestions
from
other
parliamentarians
across
the
chamber
as
to
what
our
future
vision
and
ambition
is
for.
B
But
for
me,
and
partly
through
engagement
with
the
credit
unions
sakes
had
and
also
through
listening
to
members
during
the
debate
at
the
start
of
the
year,
I
believe
there
was
a
real
need
to
have
a
more
coherent
and
sustained
and
strategic
approach
to
growing
credit
unions.
Members
contributions
brought
together
significant
themes
that
ought
to
help
form
the
basis
of
areas.
B
This
is
an
absolute
myth
and
that
certainly
a
method
needs
to
be
debunked,
and
that
was
something
that
we
did
seek
to
do
in
the
campaign
that
we
supported
it
last
year.
Growing
membership,
promoting
that
unashamedly
the
ethos
of
putting
people
before
profit
and
Reuters
and
our
communities
gives
us
I
think
a
strong
platform
to
expand
credit
union
Empire
and
those
were
all
points
but
made
by
Jeremy
Bell,
firmly
McArthur
and
Michel.
B
Ballentine
and
I
also
agree
with
Angela
coincidence
that
our
ambition
should
not
be
limited
to
being
a
bit
better
than
the
rest
of
the
UK
and
congratulating
ourselves
about
the
four
hundred
thousand
plus
members.
It
actually
means
promoting
what
credit
unions
do
what
we
contribute,
how
they
help
us
make
good
on
our
fear
of
Scotland's
ambitions
and
also
in
our
desire
to
rebalance
our
economy
and
a
sensible
and
far
more
ethical
way
and
I.
Think
Joanne
Lambert's
point
about
research
is
also
a
good
one.
B
I'll
sent
my
work
in
to
the
point
that
she
raises,
because
the
strategy
must
be
based
on
solid
information
and
not
assumptions
and
I
will
look
it
and
get
back
to
her
own.
The
points
that
she
she
raised,
I
also
think
it
was
useful
to
hear
more
in
what
experience
Israel
about
what
happens
to
credit
unions.
If
you
do
not
have
enough
members
that
ultimately
a
place
they
pee
is
that
the
the
credit
union
has
to
close
members
also
made
the
point
that
this
should
not
be
a
strategy.
B
There
is
done
without
credit
unions
themselves
and
I
can
agree,
and
that's
why
they're
cooperative
principles
of
credit
unions
must
must
underpin
the
approach
that
we
take.
So
that
must
mean
that
we
do
this
cooperatively
collaboratively
and
alongside
credit
unions
and
I
went
when
I
met
with
representatives
of
the
sector.
B
Earlier
this
summer,
it
was
clear
that
the
going
to
act
together
for
the
benefit
of
their
sector,
but
again
reiterating
the
points
that
I
made
in
my
opening
remarks,
then
reflecting
the
pointer
ease
by
Druce,
McGuire,
Tom,
McArthur,
Tom,
Arthur
and
Lee
MacArthur,
who
spoke
about
a
credit
unions
in
their
areas,
illustrating
just
how
diverse
the
sake
that
is,
and
why
that
special
element.
A
of
them,
is
something
that
we
don't
want
to
stay
me
or
unintentional
unintentionally,
quashed
through
having
a
national
approach
and
a
national
strategy.
Poly.
D
B
The
secretary
absolutely
agree
that
something
that's
something
that
has
been
do
we
do
ourselves
and
it's
something
that
I
know
the
Parliament
takes
very
seriously.
The
NHS
credit
unions,
important
I,
think
it's
celebrated
a
significant
anniversary
last
year.
The
again
there's
lots
of
learn
in
there
and
I
think
that's
weird
I.
B
That's
why
part
of
the
reason
why
I
think
that
we
need
a
strategic
approach
because
there's
lots
of
good
ideas
but
they're
all
scattered
across
different
places,
and
that's
why
I
think
if
we
have
a
focus
and
a
strategic
way
that
we
can
make
use
of
the
the
you
know:
the
the
whales?
That's
in
our
country
for
the
betterment
of
of
credit,
credit
unions,
a
and
again
so
I'll
take
onboard
the
points
that
Pauline
has
leave.
C
But
I,
just
in
reference
to
the
earlier
comments
made
by
a
number
of
members
by
more
than
the
corporate
body,
could
do
I.
Think
with
my
corporate
body.
Hat
on
I
should
just
point
out
that
many
MSP
staff
and
s
PCB
staff
are
already
paying
to
the
capital
credit
unions
advertised
on
on
pay
slips,
but
I
think
if
there's
anything
either
the
government,
or
indeed
members
across
the
chamber,
think
that
we
could
be
doing
more
to
encourage
the
extension
environment
certainly
be
very
welcome
to
it.
I.
B
Think
again,
that's
why
it
needs
to
be
a
bit
more
than
just
working,
but
the
credit
unions
themselves,
for
this
needs
to
be
I.
Think
in
the
point
that
Meads
by
Andy
Whiteman
about
being
that
broader
approach
as
well,
and
about
working
how
we
can
influence
others
to
understand
what
they
stand
to
gain
if
they
work
alongside
it
created
unions,
I
mean
the
members
also
asked
about
the
ten
million
pounds,
and
so
this
new
fund
there's,
you
know,
limited
detail.
I
can
give
at
the
moment.
B
However,
what
I
will
do
is
then
pledged
to
ensure
that
we
keep
Parliament
updated,
because
this
fund
will
provide
a
significant
boost
to
credit
unions
will
continue,
we
hope
to
congroo
their
membership
increase
both
the
financial
and
health
will,
well-being
of
our
communities
and
our
most
vulnerable
and
alongside
a
breaking
down
in
the
barriers
to
responsible
lending
by
improving
balance
sheets.
We
also
I
understand
the
point
that
has
been
made.
B
So
there's
lots
of
ideas,
so
that
can
enable
us
to
work
out.
What
are
the
actions
that
we
can
take
in
a
more
short,
medium,
longer-term
approach
to
grow,
a
the
credit
union
movement
and
a
much
more
sustainable.
We
so
I
am
really
pleased
that
there
is
lots
of
consensus.
So
unless
there
are
lots
of
good
ideas,
I
can
to
work.
My
members
continue
to
work
with
the
party
group
that
require
spoke
about
as
well
and
also
continue
to
work
the
sick
with
the
sector,
because
we
agree
and
we
want
to
meet.