Members are offered a variety of Quality Savings Options.

• Our Ordinary Share Accounts have consistently performed favourably when compared with all other Main Street, On-Demand Savings accounts for the past several years.
• Our Deposit Accounts (Savings 1, Savings 2, etc) have performed in a similar manner.

Cashel Credit Union is a member of the Savings Protection Scheme (SPS) of the Irish League of Credit Unions. This scheme confers no legal right upon a member credit union to receive financial assistance from the SPS. The scheme  is designed to stabilise a credit union in the event that it (the Credit Union) gets into trading difficulties. If assistance is given to a credit union under the scheme, the savings of individual members of that credit union may be protected up to a maximum of €12,700.00.

We urge members to SAVE A LITTLE, REGULARLY, and to

BORROW RATHER THAN WITHDRAW YOUR SAVINGS.

FREE-TO-MEMBERS BENEFITS OF SAVINGS

Members obtain better than excellent value for money from our Free-to Members Life Savings Insurance

EASE OF SAVINGS

Payment is easiest when done regularly – weekly, fortnightly, monthly or quarterly.

You can combine Savings and Loan Repayments in the one transaction if you wish.

You may pay:

• Over the Counter, six Days A week,
• Through our Express Lodgement Facility,
• Through Payroll Deduction from participating Employers,
• Through your Bank by Standing Order or Direct Debit.

Ask our Staff to-day or You can request us to post out a standing order or direct debit mandate form to you

Through Your Bank by Direct Debit – Ask our Staff to-day or

Request that a Direct Debit Form be mailed out to you by clicking: Request Direct Debit Form

SAVINGS CALCULATOR

This calculator will enable you to estimate how much you will have to save regularly to meet a particular savings goal or target, including possibly maximising your Life Savings Insurance Cover, saving sor education and saving for retirement. Saving Calculator

TAXATION OF DIVIDEND ON SHARES AND INTEREST ON DEPOSITS

Members have a variety of Savings options in Cashel Credit Union Limited. These options enable members to optimize their interest earned and to satisfy their D.I.R.T. taxation obligations where they exist. D.I.R.T. , is a tax on the interest paid to liable individuals, that is collected by financial institutions and returned to the Revenue Commissioners.

Members are advised to seek professional advice from a qualified taxation advisor. You can read more on this topic here

CHANGING THE TAXATION DESIGNATION OF YOUR ACCOUNT

If a member wishes to advise Cashel Credit Union Limited to change the D.I.R.T. designation of their account, they should do so in writing and on the appropriately completed, signed and returned