Monaghan Credit Union

services include:

• Savings Accounts and Savings Incentives:

  Your Local Credit Union provides Competitive Mortgages, Savings and Loans in Monaghan.

• Foreign Exchange:

  Heading away for a long weekend or your summer holidays? Monaghan Credit Union provides foreign exchange services, including all currency. Must be ordered 24 hours in advance.

• Speed Lodgement:

  We provide a speed lodgement facility 24 hours a day, 7 days a week. If you’re in a hurry or you are not able to visit the branch during opening hours, don't panic. The Speed box is positioned on the right, inside the main entrance door or after hours speeds can be lodged into the secure letter box, this is positioned to the right of the front door

• Payroll Deductions:

  Why not avail of our payroll deduction scheme? Your savings are deducted at source, you can grow your savings and repay your loans directly from your workplace and maintain and enhance your credit worthiness within the Credit Union. The convenient, stress-free way to conduct your Credit Union business.

• Nominations:

  You may be aware that the Credit Union Act allows members to instruct that if they die, the value of their savings with the credit union passes to one or more specified persons. The advantage of this is that following your death, your savings are paid to the person you nominate quickly and without any complicated process involving lawyers or probate. If you haven’t set up a nomination, we urge you to do so. It doesn’t cost anything, and the payment may ease the stress of your loved ones at the time of your death. The maximum amount that can be nominated is ₏23,000, if you have more than this in your account following your death, the remainder forms part of your estate.

• Youth Current Account:

  Youth Current Accounts with a globally accepted Debit Mastercard® are now available for Minors aged between 12 to 15 years old. Give your children more independence, with a FREE Monaghan Credit Union Youth Current Account and Mastercard Debit Card. Youth Current Account comes with a debit card and mobile app. The mobile app offers account controls, so rest assured they are in safe hands. The contactless Mastercard debit card can be used in shops, online and at any ATM. Accounts can be opened by Members aged 12 and over with Parental Consent required for Members aged under 16 years. The consent must be completed at the time of application by either the parent or guardian.

• Current Account:

  Monaghan Credit Union now offers our members Current Accounts with a Mastercard Debit Cards so you can manage your daily dinances no matter where you are in the world. The Current Account is a full service account bringing you all the features you have come to expect, delivered with the same local, trustworthy service of your credit union. Current Account, from your trusted credit union is a full service account that allows you to access a range of facilities, such as receiving your salary, paying bills setting up direct debits and standing orders to make regular payments. You can operate your account online and using the mobile app. With Current Account, from your credit union, you get a dedicated IBAN (International Bank Account Number). You also get a Mastercard Debit Card with Contactless payments which allows you instant access to your money so you can make a payment or withdraw money whenever or wherever you need.

Credit Union Monaghan - Loans and Competitive Interest Rates:

We provide loans for all your needs, including car loans, student loans, etc. To find what is required for applying for a loan and details on how you can apply for a loan contact Monaghan Credit Union directly on 047-81810 or visit our website at www.monaghancu.ie. Monaghan Credit Union offers our members the best rates so that each member can meet their repayments. Monaghan Credit Union has no fee’s or charges and interest is calculated on the reducing loan balance. Repayments can be tailored to suit your needs. Monaghan Credit Union Ltd is regulated by the Central Bank of Ireland. Loans are subject to approval.

Savings at Monaghan Credit Union:

Saving on a regular basis makes good sense, whether you’re saving for something in the future or just for a ‘rainy day’. When you save, you not only help yourself, you also help your community as your savings provide a loan fund for other Credit Union members. The Credit Union is committed to your financial well-being so as a member you can rest easy in the assurance that your savings are safe. A Credit Union savings account comes with a Life Savings Insurance Scheme eligibility criteria applies. This is the insurance cover a Credit Union provides for members, as an additional incentive for them to save regularly. Uncommitted savings are available 24/7 with CU Online+.

Mortgages at Monaghan Credit Union:

Introducing our CU Home Mortgage product to our valued members. Our CU Home Mortgage is for Principal Private Residence only. Minimum mortgage amount is €40,000, maximum amount is based on members affordability. Terms and conditions apply. Underwriting is determined by an assessment of ability and previous credit history.