Ready to save?
you can start from here!
Adult Account
Available to members who are 16 and older.
Junior Account
Available for junior members from birth to 16 years.
Club Account
Coming soon!
Please note that all adult members must pay a £1 affiliation fee to open the account and hold £5 savings in their account at all times. Once a new account has been created, a deposit of at least £6 must be made within 7 days. Deposits can be made by cash, cheque or debit payment.
How much can I save in Cookstown Credit Union?
- Adult accounts (16+) can save up to £25,000.
- Minor accounts can save up to £15,000.
Are my savings secure?
Credit union members can rest easy in the assurance that their savings are safe. Credit Unions in Ireland, which are affiliated to the Irish League of Credit Unions, are secured in several ways:
- All officials of credit unions, whether volunteers or staff, must be fidelity bonded.
- Members savings within certain limits are insured through Life Savings Insurance.
- All monies received in the credit union are properly recorded and lodged regularly.
- Full financial statements are prepared and can be examined by members.
- Annual independently audited returns are lodged with the relevant authority, FCA/PRA.
- All members savings are also covered under the Financial Services Compensation Scheme (FSCS) up to £85,000
What type of savings accounts are there?
- Cookstown Credit Union members have a Regular Share Account.
Benefits of Saving With Us
Whether you’re saving for something in the future or just for a ‘rainy day’, regular saving is a good idea.
