Shares

Savings as shares in a Credit Union are a better way to save. You are not just another customer but an active member of a highly successful financial co-operative. Yes, you have a share in the ownership of the Credit Union. Along with having a say in the operation of the Credit Union you also earn dividends.

Benefits of Credit Union Savings

• Savings balances over and above any loan you may have are available to you to withdraw on demand.
• If the credit union has a surplus at the end of the year this is given back to members by way of a dividend. The more shares you have, the greater the dividend.
• A savings protection scheme is in place to the benefit of the member up to € 12,700
• There are no transaction charges or fees.
• All savings up to €100,000 are covered by the Deposit Guarantee Scheme which is administered by the Financial Regulator.

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