Cara Credit Union Limited

Cara Credit Union Limited is a member-owned financial cooperative in Ireland serving a defined common bond area in County Kerry and providing retail services to eligible members. Its offering typically includes share-based savings and deposit accounts alongside a range of personal loans for purposes such as car purchase, home improvement and education; loan applications are assessed for creditworthiness and affordability, and rates, terms and maximum amounts vary by product. Dividends or interest on savings are not guaranteed and depend on annual performance and board decisions, and savings caps may apply. For day-to-day banking, the credit union provides online and mobile banking with SEPA transfers, standing orders and direct debits, and makes a current account with a debit card available through the sector’s shared platform; maintenance and transaction fees can apply and should be checked against the published schedule. Cara Credit Union is authorised and regulated by the Central Bank of Ireland, and eligible deposits are covered by the Irish Deposit Guarantee Scheme up to €100,000 per person per institution; it is required to meet regulatory capital and liquidity standards and publishes audited annual reports. Membership is restricted to individuals who live, work or study within the common bond and requires standard identity, address and PPSN documentation. Product availability, APRs, fees, daily limits, and any conditions or exclusions can change and should be verified directly with the credit union before opening an account or applying for credit.