Why Save With Us?
Whether you are saving for something in the future or just for a ’rainy day’, regular saving is a good idea.
Regular saving with B.C.U. is an even better idea. With us, you are not just a customer; you are a member of a successful financial co-operative. Each share you hold in your Credit Union is equal to €1. You will need to hold a minimum savings of ten shares (€10.00) to keep your account activated. Members enjoy equal rights to vote (one member, one vote) and participate in decisions affecting the credit union.
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.
- Monies are withdrawal on demand where not used as security for a loan. If you are using monies as security for a loan, we can provide you with a separate savings account to lodge and withdraw from.
- A specific share balance is not required in order to qualify for a loan, and the loan you can be granted is not based on the amount that you have saved with us.
- All members shares are covered the Government Protection Scheme up to a value of €100,000, which means that you can have peace of mind that your savings are fully secure.
- There are no transaction charges or fees.
- Life savings insurance is provide automatically, for more information on this click “Life savings Insurance”
- You can deposit savings (or pay loans) using you laser card.
