Savings

We all know the merits of saving money, either for something specific or for that “rainy day”. But saving money with Dromara & Drumgooland Credit Union means you also become a member of a highly successful co-operative. You are not just another customer you are a member.

Lodgements

You can pay into your shares at any of our offices by direct debit, cash and cheque or debit card payments.

Members should continue to save even when repaying a loan, just small amounts add up over time.

Withdrawals

Your credit union declares a dividend at the end of each financial year, and each share that you hold for that year is eligible for a dividend.

The more shares you have, the greater the dividend.

You can withdraw your shares as long as they are not pledged as security on a loan. We can pay-out up to  a maximum of £2000.00 per week (subject to availability), anything above this amount will require notice and a cheque will be issued for collection the following day.

Are my savings secure?

Not only are your savings easy to access but with Dromara & Drumgooland Credit Union they are fully insured with the Irish League of Credit Unions who operate a Savings Protection Scheme (SPS) which provides financial assistance should the need arise.

We also are covered by FSCS (Financial Services compensation Scheme). Your eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. For more information visit www.fscs.org.uk