Services Savings

Savings / Shares

Why save with Ashbourne Credit Union?

  • While the idea of a ratio of shares to loans is not as relevant as heretofore, it is still a requirement to have some shares in your account, and more importantly, a history of regular saving.
  • Shares may be withdrawn on demand unless they are being held as collateral on a loan.
  • A dividend may be paid to your account annually.
  • The dividend rate is decided by members at AGM each year, on the recommendation of the Board of Directors.
  • Your shares are covered by insurance, free of charge, in the unfortunate event of your death - the amount depending on your age at becoming a member, and your balances between that date and date of death. Withdrawal of shares after 55th birthday will have a bearing on any insurance payout.

Are there any limits on members Shares?

Yes, we currently have a policy to cap the shares at €30,000 per account.

Types of Share Accounts

We operate two types of saving accounts:

  • Regular Share Accounts - Dividend is paid gross (without deduction of deposit interest retention tax (D.I.R.T) and any tax due thereon is the responsibility of the member.
  • Deposits - There is also an option to open a deposit account with us at a variable rate of interest. This is a particularly useful option if your shares are held as collateral against your loan and you want to save and take your money whenever you like. This can be opened at the counter and there is no extra paperwork involved for existing shareholders.

A maximum of €30,000 is allowed per account.

Please click here to download our membership form.

Contact Us
  • Tel:
  • Fax:
  • Email:
  • Address
  • (01) 835 1177
  • (01) 835 3213
  • Main Street, Ashbourne, Co. Meath
Opening Hours
  • mon
  • tue
  • wed
  • thu
  • fri
  • sat
  • 09:30 - 16:30
  • 09:30 - 16:30
  • 09:30 - 16:30
  • 09:30 - 16:30
  • 09:30 - 16:30
  • 09:30 - 16:30

*Closed on Bank Holiday Weekends

St Declans (Ashbourne) Credit Union Ltd is Regulated by the Central Bank of Ireland. Reg No. 294CU