Letterkenny Credit Union Limited

Letterkenny Credit Union Limited is a member-owned financial cooperative based in Letterkenny, Co. Donegal, operating under the Credit Union Acts and supervised by the Central Bank of Ireland’s Registry of Credit Unions. Membership is restricted to individuals within its common bond, generally defined by living, working or studying in the area, and requires proof of identity, address and PPS number under anti-money laundering rules. The credit union offers core services of Irish credit unions, including share (savings) accounts and personal lending such as car, home improvement and education loans; interest rates, representative APRs and terms are published in its lending and fees documentation, and loans are subject to affordability assessments and checks on the Central Credit Register. Eligible member savings are protected by the Irish Deposit Guarantee Scheme up to €100,000 per person per institution. Dividends on shares, if declared, are not guaranteed and depend on annual performance and board recommendations. The organisation is governed by an elected board and holds member meetings in line with statutory requirements, with disclosures, rates, opening hours and service details provided through its official communications. Prospective and existing members should review current product terms, eligibility criteria and charges directly with Letterkenny Credit Union Limited before opening accounts or applying for credit.