Cahir Credit Union Limited

Cahir Credit Union Limited is a member-owned financial cooperative serving a defined common bond centered on Cahir, County Tipperary. It offers share-based savings and consumer lending for purposes such as car purchase, home improvement, education, and general personal borrowing, with interest rates and terms determined by the credit union and subject to affordability and credit assessment; share-secured options may be available. Membership is limited to individuals who live, work, or study within the common bond and typically requires valid identification, proof of address, and a Personal Public Service Number to open an account. Surpluses, if any, are allocated at the board’s discretion and may include a dividend on shares or a loan interest rebate; these distributions are not guaranteed and can vary by year. The credit union operates under Irish credit union legislation and is authorised and regulated by the Central Bank of Ireland; eligible savings are protected by the Deposit Guarantee Scheme up to €100,000 per person per institution. Governance is through an elected volunteer board with audited annual accounts presented to members at the AGM. Fees generally apply to specific services rather than to core savings or loan facilities, and current rates, fees, and application criteria are published by the credit union. Service access is via the branch and standard contact channels, and complaint handling follows the Central Bank’s Consumer Protection Code with recourse to the Financial Services and Pensions Ombudsman.