Welcome To Banbridge Credit Union
Joining your local credit union is easy all you do is apply for membership. To be a member there may be an entrance fee of not more than €1/£1 and you will need to hold a minimum savings of between one and ten shares. After this you should continue saving regularly - even small amounts which will both give you the habit of thrift and add to the savings pool.

Benefits of membership
Members of credit unions enjoy many benefits associated with their membership including:

- Control over their own finances.
- Encouragement and advice on a regular savings programme.
- Loan availability at relatively low rates of interest which remain consistent even during times of economic turbulence.
- Security of savings through the credit unions fidelity bond and through the Irish League of Credit Unions Saving Protection Scheme.
- Loan Protection and Life Savings Insurance at no direct cost to the eligible member.
- The knowedge that their own savings are being used in their own community.

Savings are used to make loans to members.
The interest received from loans and investments is used:
- To pay expenses.
- To build up reserves.
- The remaining income may be returned to members as a dividend. The rate of dividend can vary for each credit union