Benefits of Membership

  • The credit union is not-for-profit and operates solely for your benefit and to meet your financial needs
  • All members of the credit union must have a share account with some savings. This means that you own a share of the credit union
  • There are no hidden fees, charges or penalties
  • You can use your shares as collateral to take out a low cost loan for home improvements, car loans, education costs or any other purpose. When the loan is repaid you will still have your shares. Save a little bit extra into your shares with each loan repayment and you would be in a much stronger financial position when the loan is repaid.
  • Our loan interest is calculated on a daily basis on the reducing balance of the loan. Pay a little bit less interest with each repayment.
  • You can pay more off your loan when you have it, to save money on interest, with no penalty.
  • You can avail of discounts and preferential rates on other services, like home insurance, foreign exchange and multi-trip travel insurance.
  • The credit union is governed by our members. You can volunteer to serve some time on our Board or Board Oversight Committee to gain experience of corporate governance and to enhance your CV. You may also avail of our education programme. See the volunteering section for more information.
  • Shares are covered by life savings protection insurance at no cost to you. This means that should anything happen to you, your savings can be up to doubled for your nominee or next-of-kin (subject to terms & conditions).
  • Members can now avail of a complimentary review of your current financial arrangements and advice and assistance with term and whole of life insurance, pre and post retirement planning, income protection, mortgage protection insurance, serious illness cover and more, through our agencies with the life companies.
  • Loans are covered by loan protection insurance at no cost to you. This means that your next-of-kin will be protected should anything happen to you (subject to terms & conditions).
  • Any surplus made in the year may be shared with our members in the form of an annual dividend and/or a loan interest rebate
  • You may participate in the members prize draw, the cost of this is €52 per year and there are cash prizes to be won each month.
  • Third level bursary. If you will be entering third level education soon or if your children are coming to that age, they may be eligible to apply for our third level bursary draw. See the section on education for more details.