As a credit union member, you can rest easy knowing that your savings are safe. In Kilrush Credit Union, your savings are secured in several ways;
- Credit Union officials, whether volunteers or staff, are fidelity bounded.
- Full financial statements are prepared and can be examined by members.
- Government Guarantee – Individual members’ savings are guaranteed up to €100,000 per member under the Government Deposit Guarantee Scheme. Please see the savings section for details on the savings cap currently in place.
- Kilrush Credit Union is regulated by the Central Bank of Ireland.