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Saving at The Lough Credit Union
Whether you’re saving for something in the future or just for a ‘rainy day’, regular saving is a good idea.
Regular saving with The Lough Credit Union is an even better idea.
We Offer Members Savings Accounts with the Following Benefits:
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.
JOIN TODAY
How You Can Save
Saving with The Lough Credit Union is easy and there are a number of ways you can save your hard earned money, such as:
- 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
- Pay payments from the Department of Social Protection directly into your account, such as jobseekers’ payments, pensions, etc.
- Please note that The Lough Credit Union’s policy allows solely up to €50,000 savings per member