Why Save? | Life Savings Insurance | Frequently Asked Questions

Saving with your credit union.

Saving money is a good idea. By putting a little aside on a regular basis you not only have something to look forward to, you also have something to fall back on should the need arise.
Saving money with Dungannon Credit Union Ltd is an even better idea. You are not ‘just another customer’ but an active member of a highly successful financial co-operative that provides security and protection for your savings along with an excellent dividend.

How your credit union savings account works.

Once you start savings regularly your funds build up quickly. Each shares saved (one share is equal to £1) is eligible for a dividend at the end of the year. The more savings you have the more dividends you receive. By savings regularly you not only help yourself; you also help your community as your savings provide a loan fund for other credit union members.

Benefits of savings

· Competitive dividend on your savings at the end of the year
· Members savings (up to certain limits) are insured at no direct cost through the credit union life insurance scheme
· Easy access to your savings if you wish to make a withdrawal (if not secured against a loan)
· No hidden charged or fees on any transactions

Credit union savings plan

Remember put a little aside for that rainy day and see how your savings grow.

Pay by Standing Order

Arrange a standing order payment from your bank and be sure of regular payments to you credit union account.

“Your savings, Your credit union”

Dungannon Credit Union is owned and controlled by its members and every member has a vote irrespective of the size of their savings. The credit union exists only to benefit its members and all monies received by the credit union are used for the mutual benefit of all its members.