Tallow Area Credit Union Limited

Tallow Area Credit Union Limited is a community-based, member-owned financial co‑operative serving a defined common bond centred on Tallow, Co. Waterford, and is authorised and regulated by the Central Bank of Ireland. It provides core credit union services: share-based savings accounts and consumer lending such as personal, car, education, and home‑improvement loans, with approvals subject to affordability and credit checks; early repayment is typically allowed without penalties, and actual rates and terms are set locally within the statutory interest cap applicable to Irish credit unions. Eligible member deposits are covered by the state Deposit Guarantee Scheme up to €100,000 per person per institution, and any surplus distribution (for example, a year‑end dividend or loan interest rebate) is not guaranteed and is determined by the board and members at the AGM. Account opening generally requires photo ID, proof of address, and PPSN, and the credit union may apply individual savings caps or lending limits for prudential reasons. Access is via the branch and standard payment rails (SEPA transfers, standing orders, and direct debits); availability of online banking, a mobile app, or a debit card depends on the credit union’s chosen platforms and should be confirmed directly. Compared with banks, the product set is narrower—credit cards and investment products are uncommon—and opening hours and service channels can be more limited, though decisions are made locally under board policy. Prospective and existing members should verify current interest rates, fees, eligibility for membership, any balance limits, and digital features with the credit union before applying.