Whether you’re saving for something in the future or just for a ‘rainy day,’ regular saving is a good idea.

Regular saving with Malahide Credit Union is an even better idea. At your credit union, you’re not just a customer, you’re a member of a successful financial co-operative.

Each share you hold in your credit union is equal to €1. Members enjoy equal rights to vote (one member, one vote) and participate in decisions affecting the credit union.

  • Savings are insured at no direct cost to the eligible member.
  • No hidden fees or transaction charges.

  • If we declare a dividend at the end the financial year, each share you hold for that year is eligible for a dividend. The more shares you have, the greater the dividend you will receive.

  • And you have the added bonus of knowing that your savings are being used to make loans to other members. Members just like you.
  • Maximum savings that can be held by any member is €20,000.
  • Our monthly lodgement limit of €1000 has been removed.

Credit Unions in the Republic of Ireland are covered by the Deposit Protection Scheme which is administered by the Central Bank of Ireland.

In addition to this, there is also the Savings Protection Scheme (SPS) owned and operated by the Irish League of Credit Unions.

Members’ savings are insured through Life Savings Insurance (subject to certain terms and conditions).

You can withdraw your savings, acceptable photographic identification required, provided they are not pledged as security on a loan.