Why Join Bagenalstown Credit Union?

Benefits of Membership:

• Control over their own finances
• Encouragement and advice on a regular savings program
• Loan availability at relatively low rates of interest, which remain consistent even during times of economic turbulence
• Security of savings through the Credit Union’s Fidelity Bond, and through the Irish League of Credit Unions’ Savings Protection Scheme
• Loan Protection and Life Savings Insurance, under most circumstances, at no direct cost to the member
• The confidence that the Credit Union has no hidden charges
• The knowledge that their own savings are being used in their own community, for provident and productive purposes

Flexible & Convenient:
Our loans are flexible and repayments can be tailor-made to suit each members circumstances. Most of our loans are fully insured for free subject to certain conditions.

Attractive Dividend on Savings:
Every year we pay an attractive dividend on member’s savings. Savings are also covered by insurance for free.

No Transaction Charges or Hidden Fees:
You can be assured of a professional service from Bagenalstown Credit Union at all times. There are no transaction fees charged on accounts.

Free Loan Protection Insurance:
The Credit Union provides insurance cover on each qualifying member to clear any outstanding loan balance after the borrower dies subject to certain conditions.

Free Insurance on Savings:
Bagenalstown Credit Union Ltd provides life insurance cover for its eligible members as an additional incentive for them to save regularly in the Credit Union. The amount of insurance benefit to which a member is entitled is in proportion to the amount of savings the member has and benefits are payable only on the death of a member.

Death Benefit:
Bagenalstown Credit Union make a one off payment of €1,950 towards funeral expenses at no cost to the members, subject to certain terms and conditions.