Are my Savings Secure?
- All officials of credit unions, whether volunteers or staff, must be fidelity bonded.
- All monies received in the credit union are properly recorded and lodged regularly.
- Savings (shares and deposits) up to €100,000 are automatically covered by the Government Deposit Guarantee Scheme.
- Annual independently audited returns are lodged with the Central Bank of Ireland.
- Full financial statements are prepared, audited independently, and can be examined by members.