Kilmallock Credit Union Limited

Kilmallock Credit Union Limited is a community credit union based in Kilmallock, County Limerick, operating under the Credit Union Act 1997 (as amended) and regulated by the Central Bank of Ireland. Membership is limited to individuals within its common bond—generally those who live, work, or study in Kilmallock and surrounding areas—and requires standard identity and address verification. Core services include member savings (held as “shares”) and consumer lending; any dividend on shares is discretionary and not guaranteed, while loan pricing is set locally within the statutory ceiling for Irish credit unions and repayments are typically on a reducing-balance basis following an affordability assessment. Product scope, loan purposes, and rates can change by board decision, so specific terms should be checked directly; early repayment and loan top-ups are common across the sector but are subject to the credit union’s own policies. Eligible deposits (including shares) are covered by the Irish Deposit Guarantee Scheme up to €100,000 per person per institution, subject to the scheme’s rules. Access is through the local branch and, where provided, remote channels such as online account access and phone support; opening hours and processing cut-offs are set locally. As a member-owned cooperative, it is governed by an elected board with internal and external oversight, and it may not offer the full range of bank-type services unless explicitly provided (for example, current accounts, debit cards, or mortgages are available only if the credit union has opted to offer them). Fees, government charges, and eligibility criteria apply, and prospective members or borrowers should consult the credit union’s published documentation for current terms.