Nominating your Savings
A valuable free service offered to members is that of Nomination. As a member you can nominate a person (or persons) to become entitled on your death to any property (shares and deposits) up to the value of €23,000 that you may have in Ballina Credit Union.
This nomination service is valuable to members in that it allows access to nominated funds by the nominee(s) within a very short period of the death of the member.
This nomination service is valuable to members in that it allows access to nominated funds by the nominee(s) within a very short period of the death of the member.
This facility is provided free of charge. Members are advised to make a nomination when joining and to regularly review that nomination. Nominations can be made and subsequently amended easily.
Nominating your Savings
- A nomination is valid up to the amount of €23,000.
- Any member aged 16 years or over may make a nomination.
- The most recent nomination invalidates any previous nomination.
- A nomination may be changed at any time.
- It is important to note that marriage will revoke any nomination made prior to that marriage.
- For more details on nomination, or any other queries, please contact any member of our friendly staff who will be more than happy to help.
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