Savings with Desmond Credit Union
Whether you are saving for something in the future or just a ‘rainy day’, regular savings is a good idea. Regular savings with Desmond Credit Union is an even better idea.
- With us, you are a member of a community organisation, a not for profit financial cooperative.
- Members enjoy equal rights to vote (one member, one vote) and participate in decisions affecting the credit union.
- If we declare a dividend at the end of the financial year, each share you hold for that year is eligible dividend. The more shares you hold, the greater dividend you receive.
- You have the added bonus of knowing that your savings are being used to make loans for other members.
- There are no transaction fees or administration charges, no hidden extras or unexpected costs.
- There is free life savings insurance at no direct cost to eligible members.
- Your savings are protected by the Irish Deposit Guarantee Scheme (up to a maximum of €100,000) making us a very secure place to save money. For more information, go to www.depositguarantee.ie
- You have easy access to your savings and become eligible to borrow money.