Kilcloon Parish and District Credit Union Limited

Kilcloon Parish and District Credit Union Limited is a member-owned financial cooperative serving individuals within a defined common bond linked to the Kilcloon area and its surrounding district. It operates under the Credit Union Act (as amended) and is regulated by the Central Bank of Ireland. Membership is restricted to those who live, work, or otherwise qualify within the common bond and typically requires standard identification and anti–money laundering documentation (photo ID, proof of address, and PPS number) to open an account. The credit union provides core services centered on savings (member shares) and consumer lending; loan applications are assessed for affordability and creditworthiness, interest is charged on the reducing balance, and early repayment is permitted without penalty, although approval is not guaranteed and security may be requested. Members’ eligible savings are protected by the Irish Deposit Guarantee Scheme up to €100,000 per person per institution. Governance rests with an elected volunteer board, and any annual surplus may be returned to members as a dividend on shares and/or a loan interest rebate, neither of which is guaranteed and both of which vary by financial performance and regulatory requirements. Loan information is reported to the Central Credit Register in line with Irish law, and the credit union is required to maintain prudential reserves and submit periodic regulatory returns. Fees, interest rates, opening hours, and the availability of online or mobile services are set by the credit union and can change; prospective and existing members should consult its official channels for current terms and conditions.