Kiltimagh District Credit Union Limited

Kiltimagh District Credit Union Limited is a member-owned financial cooperative serving individuals who live, work, or study within its defined common bond around Kiltimagh, County Mayo. It is authorised and supervised by the Central Bank of Ireland, and eligible savings (shares and certain deposits) are protected under the Deposit Guarantee Scheme up to €100,000 per person per institution. The offering typically centres on retail savings and unsecured personal lending, such as car, home improvement, and education loans; pricing and approval are subject to credit assessment, and Irish credit unions are subject to a statutory maximum interest rate equivalent to 12.68% APR. Dividends on shares and any loan interest rebates are not guaranteed and depend on annual results approved by members at the AGM. Membership requires proof of identity and address to meet anti–money laundering requirements, and a joining fee or minimum share balance may apply. Payment and access features vary by credit union; many provide online and mobile banking, SEPA transfers, and, where available, a current account with a debit card, often with separate fees, but availability should be confirmed directly. Business banking, overdrafts, and investment products are generally limited. Opening hours, transaction limits, and any savings caps are set locally and can change. This model suits members seeking straightforward savings and small-to-medium personal loans, while those needing a wider set of services should verify current product availability, rates, and fees with Kiltimagh District Credit Union before applying.