The members of a Credit Union are also the owners. You have a right to know how the Credit Union is performing, and you are urged to attend the Annual General Meeting where you can contribute to discussions about Credit Union matters and to elect to office people who will have the general good of the membership at heart. This unique structure ensures that Kilmallock Credit Union remains focused on the needs of its members which leads to better service for our members
Not Profits… Benefits
Credit Unions earn income by lending the savings of members to other members at reasonable rates of interest. This income covers the expenses of the Credit Union. As Credit Unions are non-profitmaking organisations, any surplus is channelled into providing members with better products and services, and a competitive return on savings in the form of an annual dividend.
Kilmallock Credit Union was established in 1963 and today has in excess of 7,000 members made up of people living within our community.
Our aim in Kilmallock Credit Union is to regularly improve on our range of services and products so as to give our members the best service possible.