Savvi Credit Union Limited

Savvi Credit Union Limited is a member-owned financial cooperative based in Dublin that operates on a common-bond basis, admitting people who meet its eligibility rules (typically those living, working or studying in defined local areas, certain affiliated employer groups, and qualifying family members), subject to standard identification and address verification. It offers share-based savings accounts where any return is paid as an annual dividend at the discretion of the board and not guaranteed, and may also provide fixed-term deposit options; savings caps, lodgement limits and withdrawal conditions can apply and are updated periodically. Lending covers a range of consumer purposes, including car, home improvement, education and “green” loans, with rates expressed as APR, affordability and credit checks required, and early repayment generally permitted without penalty; loan insurance features are available subject to policy terms. A current account with an Irish IBAN and debit card is available, supporting SEPA transfers, direct debits and standing orders, and is priced via a published schedule of monthly and transaction fees plus applicable government stamp duty; overdraft facilities are not a standard feature. Access is provided through branches, phone, online banking and a mobile app using strong customer authentication. Savvi is regulated by the Central Bank of Ireland under the Credit Union Act, and eligible deposits are protected by the Deposit Guarantee Scheme up to €100,000 per person per institution; the credit union publishes audited annual reports and holds an AGM at which members vote on dividends and elect directors. Complaints are handled through the internal complaints procedure and, if unresolved, may be referred to the Financial Services and Pensions Ombudsman. Prospective and existing members should review the current common-bond criteria, product brochures, interest rates, fee schedule and any savings limits on Savvi’s website or by contacting a branch before applying or making large transactions.