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Business Accounts
Open a business account with Croí Laighean Credit Union and enjoy the benefits of credit union membership, including great business loan rates. Any business within our common bond can join, regardless of size. Our credit union business accounts offer features tailored to various needs, including free access with no monthly maintenance fees. We also provide free coin services for local businesses, unlike some mainstream banks.
Our business accounts in Ireland cater to sole traders, small businesses and large businesses, offering competitive fees, online banking, competitive loan rates, and a dedicated business development team. Our digital banking services, including a mobile app, ensure you can manage your account anytime, anywhere.
Important note: At present, we do not offer business current accounts and we cannot supply a business credit/debit card.
Business Accounts With A Community Focus
As a community-focused, not-for-profit Credit Union, we understand the positive impact local businesses have on their community. Over the past eight years, we have donated over €845,000 to local clubs, organisations, and schools. By opening a business account with us, you directly contribute to the local economy, helping us commit more funds to the community. You can also see how member banking and local business support contribute to our wider Community Impact across Kildare and Offaly.
Click here to apply for a business account >
Our Business Account Features
A Croí Laighean Credit Union business account is designed to support local businesses with practical, low-cost account services and personal support from a team that understands the local area.
Key features include:
- No monthly maintenance fees
- Free coin services for local businesses
- Online banking and mobile app access
- Business accounts for sole traders, small businesses and larger businesses
- Dedicated business development team
- Access to great-value business loans
- Local, personal service from a not-for-profit credit union
Who Can Open A Business Account With CLCU?
Business accounts are available to eligible businesses within our common bond. This can include sole traders, partnerships, limited companies and other local businesses, depending on the structure of the organisation and the documentation provided.
How To Open A Business Account
Opening a business account with Croí Laighean Credit Union is straightforward. You complete our business account form, provide the required business and representative details, submit ID and proof of address through ID Pal, and sign the required documentation digitally through PandaDoc. Then our business development team will review the application and contact the account representative.
Getting Started
Fill out our simple business account form – click here to access the form.
- Choose the main contact and list any additional representatives and signatories. Representatives don’t need to be signatories, but listed signatories must sign for account withdrawals. Also, list any beneficial owners with 25% or more of the business’s capital, profits, or voting rights.
Uploading ID and Proof of Address
Once completed, we will send a link to all listed representatives to download the ID Pal mobile app for submitting ID and documents.
- Required ID for each representative includes photo ID (Passport/Driver’s Licence) and proof of address (Bank Statement/Utility Bill/Revenue letter dated within the past 3 months).
Signatories on the account will receive a copy of the application to digitally sign via PandaDoc. The process is straightforward.
After receiving the completed mandate/resolution, ID documents, proof of address, and specimen signatures from signatories, our business development team will contact the account representative to confirm the account is open.
Please note, at present, we do not offer business current accounts, and we cannot supply a business credit/ debit card.
Great Value Business Loans
Whether you’re looking to expand your business, purchase stock or machinery, invest in equipment, improve cash flow, or secure working capital, we offer a range of great-value business loans with rates from 5% (5.13% APR). Our business loan services are tailored to meet the needs of small and larger businesses, ensuring they get the support they need to grow.
Our business development team will always look at your loan application on an individual basis, providing a more personal service to ensure they propose the best solution to your particular business and circumstances.
Click here to get more information about our great range of business loans.
- Business loans from 5% (5.13% APR)
- Dedicated business development team
- No set-up fees or hidden charges
- Interest calculated only on the outstanding balance of the loan
- Fair and transparent lending process
Business Account FAQs
What is a credit union business account?
A credit union business account is an account designed to help eligible local businesses manage their finances through their local credit union. At Croí Laighean Credit Union, business accounts include online banking, mobile app access, free coin services and support from our business development team.
Who can open a business account with Croí Laighean Credit Union?
Any eligible business within our common bond can apply. This may include sole traders, partnerships, limited companies and larger businesses, provided the required account details, ID checks and supporting documents are completed.
Can sole traders open a business account?
Yes. Sole traders within our common bond can apply for a business account with Croí Laighean Credit Union. You will need to complete the business account form and provide the required identification, proof of address and business details.
Does CLCU offer a business current account?
No. At present, Croí Laighean Credit Union does not offer business current accounts, and we cannot provide a business debit card or business credit card. However, our business accounts offer online banking, mobile app access, free coin services and local business support.
Are there monthly fees for a CLCU business account?
Croí Laighean Credit Union business accounts have no monthly maintenance fees.
What documents do I need to open a business account?
You will need to complete the business account form and provide details of the main contact, representatives, signatories and beneficial owners where applicable. Each representative will need photo ID and proof of address, and signatories will need to digitally sign the required documentation.
Can I open a business account online?
Yes. You can begin the process online by completing the business account form. ID and proof of address are submitted through ID Pal, and account documents can be signed digitally through PandaDoc.
How long does it take to open a business account?
The timeline depends on how quickly all required information, ID checks, proof of address and signed documents are returned. Once everything has been received, our business development team will review the application and contact the account representative.
Does the business account include online banking?
Yes. Croí Laighean Credit Union business accounts include access to digital banking services, including online banking and mobile app access.
Are free coin services available for businesses?
Yes. We provide free coin services for local businesses, helping business members manage cash and coin needs without the charges some mainstream banks may apply.
Can I apply for a business loan through Croí Laighean Credit Union?
Yes. We offer great-value business loans with rates from 5% (5.13% APR).
How does opening a business account support the local community?
As a not-for-profit credit union, Croí Laighean Credit Union reinvests in local clubs, schools, organisations and community initiatives. When local businesses open accounts, borrow responsibly and use our services, they help strengthen the wider local economy.