Join UsCredit Union Share Account
Credit Union Share Account
Your savings with Croí Laighean Credit Union are called “Shares” and each share you hold with us is equal to €1. When you join us, you become an owner of Croí Laighean Credit Union, and every €1 you save is worth one share. Funds from your Credit Union Share Account are then pooled together for loans in the community — sharing the wealth.
You can also think of a share account as a ‘parent account’ that unlocks the whole range of CLCU accounts and benefits. In addition to our share accounts, we also offer a Current Account, a Family Account for those wishing to save for the child’s future, and a Children’s Saving Account for children aged between 7 and 15 years of age.
Credit Union Share Account Features
- No set-up, maintenance or transaction fees
- Sole, Joint, Business and Club accounts available
- Free and secure 24/7 online and mobile banking
- Free bill payments, e.g. utility and phone bills
- Separate to other accounts held in our Credit Union
- Electronic Funds Transfer (EFT)
- Life Benefit Insurance
- Loan Protection Insurance
How To Apply For A Share Account
If you live, work or study in our common bond – you’re halfway there.
Credit Union Share Account Benefits
Dividends
Dividends
You’re an owner as well as a member, and your success is our success. If we have a surplus, you’ll get paid a dividend on every single share.
Life Benefit Insurance
Life Benefit Insurance
Your savings are insured free of charge through our Life Benefit Insurance scheme. In the event of an eligible member’s death, a benefit is paid in proportion to their closing savings balance, (up to a limit of €23,000). See our Life Benefit Insurance section for more details.
Nomination of Funds
Nomination of Funds
Eligible members can nominate someone to receive funds in the event of their death, without having to be part of the deceased’s estate. This saves time by avoiding the lengthy intestacy process if a member dies without leaving a will. Eligible members can transfer property (e.g. savings, insurance benefits) to a nominated person, up to a limit of €23,000
Members Draw
Members Draw
Every month we give away €20,000 through our member’s draw. For a one-off payment of €35 a year, you can join our Members Draw and be one of five winners to share that €20,000 prize pot every month. Find out more >