Become A Member

Our credit union is for people, not for profit!

We are a financial co-operative that provides savings and loan facilities for the benefit of our members. As a co-operative, we are owned and controlled by our members, each of whom has one vote (once aged 16 or over) – regardless of how much or how little they have saved.

Each credit union serves members drawn from particular area or group – this is known as a common bond. For many credit unions that common bond is the area they live in. For others the common bond might be the occupation members work in, the employer they work for or, perhaps, members are drawn from a society or association. This common bond is what enables members to know and trust one another. Our common bond area is living or working in Devenish and Kilskeery Parishes

• We have no hidden administration or transaction fees
• We are a not-for-profit democratic financial cooperative owned by our members. Every member over 16 has a vote at the credit union AGM.
• Any surplus income is used to develop new and existing services or it is distributed among members in the form of dividends to savers or interest rebates to borrowers.

• Loans and savings are insured at no direct cost to an eligible member. Loans are insured by the credit union’s own policy at no direct cost to members. This is designed to pay off a loan in the event of a borrower’s death – subject to terms, conditions and eligibility criteria.
• We offer flexibility regarding loan repayments – a loan can be paid back earlier without any penalties or it can be restructured if there is a change in a borrower’s circumstances.
• We are committed to our local community and provide support to local youth initiatives, charities, sporting clubs and cultural events.