Slane Credit Union Limited

Slane Credit Union Limited is a member-owned, not-for-profit financial cooperative based around Slane, County Meath, operating under a common bond that typically limits membership to people who live, work, or study in the defined local area. It is regulated by the Central Bank of Ireland and follows standard credit union practices: members hold “shares” (savings) that may receive a dividend if approved at the annual general meeting, while some accounts may pay interest instead of a dividend depending on product type; dividends and rates are not guaranteed and can change. The union’s core offering is savings and unsecured personal lending (for uses such as car purchase, home improvement, or education), with loan approvals based on affordability, documentation, and credit checks, and interest usually charged on the reducing balance. Savings limits and lending caps can apply, and identification and proof-of-address are required under anti-money laundering rules. Eligible savings are protected by the State’s Deposit Guarantee Scheme up to €100,000 per person per institution. Access is primarily via the branch, and some Irish credit unions offer online or card-based current account services, but availability and fees should be confirmed directly with Slane Credit Union Limited. Governance is on a one-member-one-vote basis, audited financial statements are presented annually, and complaints follow the internal process first with the option to escalate to the Financial Services and Pensions Ombudsman if unresolved.