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  Easier on You Easier on Loans...  
 
   
     
 
Saving with Claremorris Credit Union is easier and better than ever... and with long opening hours, annual dividends on savings, and lots of additional services to make your money work harder for you and to make saving easier on you.
 
     
 
Saving with Claremorris Credit Union is even better than you may think:
 
A secure place to save
Credit Unions are regulated by the Irish Financial Services Regulatory Authority and offer the same level of protection as banks and building societies.
 
Life Assurance cover on your savings at no cost to you
Another way we can save you even more money.
 
Savings protection cover
We offer euro for euro cover on amounts up to €13,000.
 
Excellent return on your savings
The members of a Credit Union pool their savings together, these savings then provide a pool of funds from which loans can be made. Essentially the Credit Union rents money from its savers and therefore pays savers a return on their money this is known as a dividend. This dividend is given to each member at the end of every year and is a nice annual windfall! Dividends are calculated at the end of the Credit Union Financial Year in September and are based on the profits made for the year (rate for 2003 was 2.75%).
 
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