Savings in a Credit Union are very important for two main reasons:

• Helping the community by saving so the Credit Union can in return lend it out to members that require a loan.
• Building up a saving record in the event you need to apply for a loan in the future.

We encourage our member to manage their finances wisely, we recommend building a savings record before applying for a loan however it not essential. Once you become a member you can apply for a loan straight away.

Need help to budget? Control your spending and avoid impulse buying.
• Plan a budget and include costs such as Electrical bills, back to school, holidays, tax, Heating bills and spread the cost of 12 months
• Members must always have a share balance of at least €250
of 25% of their overall Budget
• Budget Account fees:
• €5000 fee €50
• €3000 fee €30
• €1,500 fee €15
• €1,000 fee €10
• A member can only be in an overdrawn position in their Budget Account to a level
of 25% of their overall Budget

If your account becomes inactive for 3 years and we are unable to contact you within that period it may become a dormant account. The account may be reactivated by conducting transactions and supporting it with photographic I.D. and proof of address (list of acceptable documents can be found here Insert Link) Documents must not be more than 6 months old.

We offer our members a basic working account in the event they require a salary mandated account or pension payment account. Please note this account is limited and no debit card is available on this account.

The cost of this account is €12 per quarter and can be closed at any time.