Savings with The Lough Credit Union

On demand withdrawals
Annual dividend on savings when approved at AGM
Free savings insurance for each member
No fees or charges on your savings account – unlike other financial institutions
Protection of shares up to €100,000 under the government’s Deposit Guarantee Scheme
Online banking, direct debits and EFT facilities to add to your savings or dip into them when needed
You have the added bonus of knowing that your savings are used to better the Cork community by making loans to other members. Members just like you.

EFT via our online banking CU-Online

Payroll deductions set up with your employer

Lodging cash directly into your account at either of our branches

Using your debit or credit card in branch or over the phone

Set up a direct debit or standing order

Direct payments from The Department of Social Protection into your account

The Lough Credit Union’s policy allows up to €100,000 savings per member over the age of 16 and €15,000 for minors.