Rathkeale and District Credit Union Limited

Rathkeale and District Credit Union Limited is a member-owned financial cooperative serving Rathkeale and the surrounding district in County Limerick, operating under the Credit Union Act and regulated by the Central Bank of Ireland. Membership is limited to individuals who live, work, or study within its common bond and who complete standard identification, address, and PPSN verification under anti-money laundering rules. Its core offering is savings (share) accounts and personal loans for purposes such as car purchase, home improvements, education, and general expenses, with applications subject to affordability and credit assessment; interest is charged on a reducing balance and rates are set by the credit union within statutory limits. Eligible deposits are covered by the Irish Deposit Guarantee Scheme up to €100,000 per person per institution. Governance is by a volunteer board elected by members, and any dividend on shares or interest rebate on loans is not guaranteed and depends on the annual financial performance and board recommendations. Access is primarily through the local branch, with phone and online services where provided; current product details, rates, fees, and opening hours are published by the credit union and may change. Consumer protections apply under Central Bank codes, and complaints can be escalated to the Financial Services and Pensions Ombudsman. The common-bond model means eligibility and product scope are narrower than those of nationwide banks.