Share Account


Saving with Capital Credit Union is one of the best choices you can make.


By saving with Capital Credit Union, you’re not just another customer, but an active member of a highly successful financial co-operative, which provides security and protection for your savings.


Members of the Credit Union come together to save on a regular, secure basis, and from this fund, to provide loans to each other. A dividend is usually paid to every member once a year.


How to Save


Each €1 saved is equivalent to a single share. You can save any amount as often as you choose. You may save through a direct debit instruction to your bank, for extra convenience, or simply call into the office anytime. Your shares will build up quickly, and at the end of the financial year, each member is entitled to a dividend, based upon the number of shares held. The maximum Savings limit is €30,000 for adults and €10,000 for children. You may withdraw your savings at any time, although we encourage you to take a loan, and keep your savings intact, to ensure you will still receive your dividend, and benefit from loan eligibility and life insurance (see below).


Common Fund


The fund of shares which builds up forms part of a common fund, from which members are eligible to take loans. This is why we ask members to increase their shares by at least €1 each week when repaying a loan, to allow others get loans too. Through this, members help each other by saving and borrowing money.


Security and Life Insurance


All of the savings of the Credit Union members are guaranteed, up to a maximum of €100,000 under the Government Deposit Guarantee Scheme. Capital Credit Union is a member of the ILCU Savings Protection Scheme, which also helps protect members’ shares.

Capital Credit Union also operates Life Savings Insurance. Under this scheme, an additional amount, extra to the savings held is paid out upon death of a member, subject to terms and conditions.