Please note our office will be closed on the Monday May 27th for essential staff training.

We apologise for any inconvenience caused.

For 24/7 access to your Malahide Credit Union account please download the Malahide Credit Union App from your app store or log into Online Banking.

Credit unions have been ranked the most reputable organisation in the Ireland RepTrak® 2024 study for the second consecutive year with an overall score of 84.2

A significant achievement for the credit union sector

This weekend, 15th to 17th March 2024, the European SEPA Payment Schemes will undergo a planned maintenance which may cause delays in processing payments.

This means that any payments made Friday 15th March may not reach the intended beneficiary until Monday 18th March.

As a result, if you want funds to reach an account by Friday, we advise you to make a payment by Thursday 14th March to ensure that the beneficiary account is credited on Friday.

Please note, you will have full online access as usual during this period. If you have any questions, please don’t hesitate to contact us.

Notice is hereby given that the 2023 Annual General Meeting (AGM) of Malahide & District Credit Union Limited will take place on Monday 29th January 2024 at 7:30pm in St. Sylvesters GAA Club.

All members are welcome to attend.

Please see our Opening Hours over the Christmas and New Year festivities below 👇🎄⏰

Monday 18th December – Open 10am – 2pm
Tuesday 19th December – Open 10.30am – 4pm
Wednesday 20th December – Open 10am – 4pm
Thursday 21st December – Open 10am-4pm
Friday 22nd December – Open 10am – 4pm
Saturday 23rd December – Open 9.30am – 12.30pm
Monday 25th December – Closed
Tuesday 26th December – Closed
Wednesday 27th December – Closed
Thursday 28th December – Closed
Friday 29th December – Open 10am – 4pm
Saturday 30th December – Open 9.30am – 12.30pm
Monday 1st January – Closed
Tuesday 2nd January – Re-opens 10.30am – 4pm

Irish Credit Union’s has topped the league table of 150 brands in the latest annual Customer Experience report compiled by the CX Company.

This is the ninth year running we’ve topped the poll.

The financial institution also managed to improve its score, widening the gap between it and the brands that followed it in the top ten.

Malahide & District Credit Union: Voluntary Positions – Board of Directors and Board Oversight Committee.

Have you got a background in

1. Marketing
2. IT Strategy
3. ESG strategy
4. Lending Underwriting
5. General Financial experience

As a credit union we like to have representation from all areas of our common bond.

We would welcome any interested person to contact us.

Please note you must be a member, or become a member of Malahide & District Credit Union in order to serve on the Board or Board Oversight Committee.

Malahide & District Credit Union (MDCU) is a not for profit entity and is dependent on the voluntary contribution from within the common bond to make up our Board and Board Oversight Committees.  The Boards role is to set the strategy for our credit union and its members. As a not for profit entity, we provide savings, loans, FX and insurance products, where all the surplus that is generated is returned to members: sponsoring our community clubs and groups, by setting a side in reserves for the future, & paying out a dividend and rebate to savers and borrowers.

In addition to helping your community, serving on our various sub-committees and/or board will give you exposure and experience in a wide variety of business disciplines from formulating strategy to understanding risk in a regulated environment. It will also provide you with opportunities for training and development, all of which will stand to you in other areas of your career. All volunteers are subject to the normal fitness and probity regimes for credit unions as outlined by the Central Bank of Ireland.

Please get in contact today at info@malahidecu.ie

Going to, or returning to, college is an exciting time for students, however, it is also an opportunistic time for fraudsters who try to trick students out of their money. Many cases have been reported to FraudSMART where deposits have been handed over for properties that don’t exist, have been rented to multiple tenants already or even cases where fraudsters have hired properties to use for viewings to trick you into handing over the deposit.

Our advice to students and parents is:

1.    Familiarise yourself with the average rent price in your search area. If the rent is unusually low and it seems too good to be true, it usually is!

2.    Technology is your friend. We recommend students use online maps to double-check that the property being advertised actually exists and is at the stated address.

3.    Check short-term rental sites to ensure the property is not being used by a fraudster for “viewings” who will take your deposit money.

4.    It is crucial to keep copies of all correspondence between you and the advertiser, including bank details and the advertisement itself. The best approach is to use legitimate well-known rental agencies. If this is not possible, don’t hand over any money until you have seen the property and are happy with its condition.

5.    Don’t make payments until you have been given the keys and signed the rental contract.

6.    Always check that the keys fit in the lock. 

7.    Remember, don’t transfer any money unless you have carried out all the relevant checks and you are absolutely sure that the listing is genuine. 

8.    Don’t be embarrassed if you have been scammed. Report it to your local Garda Station and contact your bank.

Remember! If it seems too good to be true it probably is.

Malahide Credit Union have  been advised of an emerging fraud trend. We kindly request that you read the below carefully to help prevent fraud scams affecting our wider community.

A typical scenario –

• Fraudsters create apps on the Google Play store, which contains certain malware, frequently PDF readers or File Manager software.
• Users download the app from the Google Play store.
• The app will look for and be granted permissions during the download.
• The malware will frequently give the fraudster remote access control over the phone or access to mobile bank log in details.
• When the user logs into their mobile app, a screen cover appears and the log in details are captured via different methods.
• The fraudster takes control of the phone and logs into the banking app and commence making payments to mule accounts.
• Any one time passcodes (OTPs) that are pushed out to the mobile phone to authenticate payments are visible to the fraudster who has taken over control of the phone and the payment is executed.

Scam alert – Beware of scammers pretending to be a relative asking for help

Beware of text or WhatsApp messages appearing to be from a relative, in most cases a son or daughter, asking for help because they lost or broke their phone. It is likely to be a scam.

The messages often begin with ‘Hi Mum’ and could provide several different reasons why they are using a different phone number.

These scams are designed to trick you into handing over money or financial information to a fraudster. If you respond to these messages, the fraudster will eventually request help for some kind of emergency, such as needing a new phone or paying an urgent bill.

If you get a message like this:

1. Contact your child or relative through an alternative communication channel such as a phone call, video chat, or another messaging platform on a number that you always use for them.
2. Confirm their safety and ask if they indeed lost their phone. It is essential to have direct confirmation from your child before proceeding with any assistance.
3. Take your time and do not be rushed, fraudsters are using your emotions to make you fall victim.
4. Report the account immediately to WhatsApp and An Garda Siochana.
5. Block the suspicious account to prevent further attempts at communication.