Cookies help website users perform certain functions. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on this website.
If you wish, you can change your cookie settings at any time.
Find Us here:
Services
Savings
Savings
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.
- Free life cover on saving up to €3,000 (subject to terms and condition)
- Deposit Guarantee Scheme covers member savings up to €100K.
- There are no transaction charges or fees.
- Dividends on your savings are subject to DIRT at the prevailing rate.
Security
Credit union members can rest easy in the assurance that their savings are safe. Credit Unions in Ireland that are affiliated to the Irish League of Credit Unions, must comply with the following:
- All officials of Bagenalstown Credit Union, whether volunteers or staff, must be fidelity bonded.
- Members savings within certain limits are insured through Life Savings Insurance.
- Full financial Statements are independently audited each year and issued to all members.
- Bagenalstown Credit Union Ltd is regulated by the Central Bank of Ireland.
That dream holiday is only a saving away!
JOIN NowDeposit Guarantee Scheme covers member savings up to €100K.
