(074) 936 1017info@buncranacu.ie

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Savings Savings

Shares

Your savings in a Credit Union are called your shares. Each share is worth €1.

Members own the credit union - each member has an equal voting right, regardless of the amount in shares. So whether you have €0 or €50,000 in shares with us, you have an equal say in how the Credit Union is run. Your shares are used to provide loans to other members. You can also benefit from lower loan rates if your loan is completely secured by your shares. By saving regularly with us, you not only help yourself, you also help your community. You may receive a dividend on your shares, if declared, after the AGM each year.

Benefits of Credit Union savings

  • Savings balances over and above any loan you may have are available to you to withdraw on demand. In many circumstances access may also be available to your savings where that figure is lower than your loan balance.
  • A competitive return on your savings annually for funds available on demand.
  • Free life cover on savings up to € 10,200 (subject to terms and conditions).
  • The State’s Deposit Guarantee Scheme fully protects the first €100,000 of a member’s savings.
  • There are no transaction charges or fees.

    For small to medium savers your Credit Union is where you belong.

  • Contact Us
    • Buncrana Credit Union
    • Tel: (074) 936 1017
    • Fax: (074) 938 8010
    • Email:
    • Web: www.buncranacu.ie
    • Address: Cockhill Road, Buncrana, Co. Donegal
    Buncrana Office
    • mon
    • tue
    • wed
    • thu
    • fri
    • sat
    • Closed
    • 10:00-17:00
    • 10:30-17:00
    • 10:00-17:00
    • 10:00-17:00
    • 10.30-15.30
    Carndonagh Office
    • thu
    • fri
    • sat
    • 10:00-17:00
    • 10:00-17:00
    • 10.30-15.30


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    Buncrana Credit Union Limited is regulated by the Central Bank of Ireland. Reg. No. 274CU