Saving Accounts

Enjoy the flexibility of a Savings Account

Savings accounts are available to all members who for whatever reason want to have a separate account for some of their funds.

Key Points:

Must hold Special Shares Account prior to Savings Account activation.
Interest earning (paid annually)*
Not included in Life Savings Insurance policy.

* Tax (DIRT) is deducted from interest, unless over 65. Members 65 years of age and over may be exempt from paying D.I.R.T on deposit interest, when total income is less than €18,000 for an individual and €36,000 for a couple. (Subject to change, see www.revenue.ie for more details.). 

Note: A DE1 form (to claim exemption from D.I.R.T) can be downloaded by clicking on the link below or can be obtained from the Credit Union office.