Membership with Cavan Credit Union

 How to join our Credit Union

Becoming a member is easy.

In order to join our Credit Union you must be part of our common bond. Our common bond is that you live or work within 20 miles of Cavan Credit Union or one of it’s suboffices.

It’s €1 to join and €5  minimum lodgement on your first visit only.

If you are over 16 you will need to bring the following documentation (originals only):

  • Photo ID – Full driving licence  or passport
  • Proof of address – Bank statement or utility bill (this must be dated in the last six months)
  • Proof of PPS number – pay slip, social services card or tax certificate

For a joint account both parties require the above documentation. Before you come in to open a joint account – it is a good idea to decide if you want either party to access the account or if you want both parties to be present to sign for any withdrawals. Joint accounts are not allowed for members below 16 years of age.

For an infant or juvenile a birth cert and proof of PPS number is needed. We also need ID in the form of full driving licence or passport and also a recent bill or bank statement from the child’s parent or guardian.

Note on children’s accounts: up to the age of 7, one parent or legal guardian will be named as a trustee on the account for the purpose of operating the child’s account. Once the child turns 7 years of age, no person other than the child can access the account. Joint accounts or mandates are not permitted for members under 16 years of age. All withdrawals on a child’s account (until the age of 7) will be accompanied by a form signed by the named trustee to confirm the funds are to be used for the sole benefit of the child.

For a club or group account the following is needed:

A letter with club address signed by the full committee (showing printed names, titles and signatures) authorising two named persons to be in charge of the account, and those two people each need to bring in proof of ID, proof of address and proof of PPS. We also need a copy of the minutes of the last committee meeting on headed paper.


Some great reasons for joining Cavan Credit Union

Membership has many benefits…

Flexible & Convenient Loans

Members can take out flexible loans 3 months after joining, and repay at tailor-made schedules. All our loans are fully insured (for free), against death. T&Cs apply to all loans.

Attractive Dividend on Savings

Every year we pay an attractive dividend on members savings, which are also placed in our Life Insurance scheme, offering a free insurance system on your savings.

Quality Service, No hidden Fees or charges

You can be assured of a professional service from Credit Union at all times. And you do not pay a transaction fee for saving with us, or borrowing money.

Ease of payment – personally in the office or by Standing Order from your Bank Account.

Personally call to any of our offices to make a payment or arrange a standing order payment from your bank and be sure of regular payments to your Credit Union account. We will send you a statement showing all transactions.

Member Services

Take advantage of a host of additional member services available. You can pay bills, partake in our weekly lotto, buy and sell foreign currency and also arrange automatic regular savings from your bank (standing orders). We have also arranged special insurance discounts for our members. See Other Services page for more details. Ask any staff member for more details about joining Cavan Credit Union.

Online account access

You can now register online at Register today to view your transactions on-line and even transfer money. You can also opt in to receive e-statements.

Confidentiality is respected at all times

Cavan Credit Union Ltd treats all member matters sympathetically and in total confidence.

Don’t forget to put a nominee on your account!

If you pass away, your nominee gets the savings in your account up to €23,000. (Over this amount the money will go to your estate). It is extremely important to keep your nominee updated so pop in to any of our offices to check it. Your nominee can be anyone you choose and you do not need to tell them or bring them in to sign anything. Also – it is worth noting that your nominee automatically becomes your spouse if you get married. But you can update it again after you get married if you like. Your nominee is private and confidential (the information is kept on your personal file) and no account information will be disclosed to anyone other than the nominee after your passing.

Top 5 tips to join our credit union