Crosshaven-Carrigaline Credit Union Limited

Crosshaven-Carrigaline Credit Union Limited is a member-owned financial cooperative serving the Crosshaven and Carrigaline area of County Cork under a common-bond model, providing savings and loan services to eligible individuals who live, work, or study locally. It operates local branch facilities and offers remote access for account management and payments, including standard SEPA transfers, standing orders, and direct debits. Savings are held as shares and any dividend depends on annual surplus and board approval, while loan pricing is stated as APR on a reducing balance and varies by purpose and term; lending decisions are based on affordability and verification checks. Membership requires proof of identity and address in line with anti–money laundering rules, and some services have age or documentation conditions; credit unions in Ireland may also apply savings caps, lodgement limits, or withdrawal rules, so members should confirm current thresholds before moving funds. The credit union is regulated by the Central Bank of Ireland, and eligible deposits are protected by the Deposit Guarantee Scheme up to €100,000 per person per institution; audited financial statements and governance updates are published annually and considered at the AGM. The product range is oriented toward retail banking rather than complex corporate or investment services, and international payments, foreign currency, or overdraft facilities can be limited compared with commercial banks; fees, interest rates, opening hours, and cut-off times are set locally and are available in the official rate and fee schedules.