Erris Credit Union Limited

Erris Credit Union Limited is a member-owned financial co‑operative serving individuals within a defined common bond in the Erris area of County Mayo. It offers core credit union services typical in Ireland, including share (savings) accounts and consumer loans priced on an APR basis, with loan approval subject to creditworthiness and affordability checks. Savings are held as shares and any dividend is declared annually at the discretion of the board; dividends are not guaranteed and conditions on lodgement, withdrawals, and individual balance caps may apply. The credit union may also provide a current account and debit card through the national credit union platform; availability, fees, and transaction limits vary and should be confirmed directly. Digital access generally includes online banking and a mobile app for transfers and account management, with SEPA payments supported; cash and counter services depend on local branch arrangements and opening hours. Standard credit union insurance benefits in Ireland—such as loan protection and life savings cover—are commonly available but subject to age, eligibility, and policy terms. Member deposits are protected by the statutory Deposit Guarantee Scheme up to €100,000 per person per institution, and the credit union is regulated by the Central Bank of Ireland. Governance is by an elected board of directors, with audited financial statements presented to members at the annual general meeting. Membership is limited to people who live, work, or otherwise qualify within the common bond and who meet identification and anti‑money laundering requirements. Product features, interest rates, fees, and service availability can change, so specifics should be checked with Erris Credit Union Limited before applying or opening an account.