Savings at Blackrock Credit Union Limited

Saving with us on a regular basis at Blackrock Credit Union will be one of the best choices you can make for your finances.

Whether you are saving for something in particular, have a lump sum to put away, or just want to build an ‘emergency fund’ to give yourself a little peace of mind, we can help. We’ll put together a personalised savings plan that’s easily managed and that works for you.

Each share you hold in Blackrock credit union is equal to €1.  You will need to hold a minimum saving of ten shares when joining Blackrock credit union.

If you would like to save with us but are not yet a member of Blackrock Credit Union please click on this link to fill out our online Membership Application Form.

people_alt Become a Member


Junior Membership and Savings

Learning the importance of saving starts early with a Junior Savings Account for anyone under the age of 16. Please click here for further details on our Junior Membership as well as saving tips for Junior Savers.


Why save with us?

There are many reasons to save with Blackrock Credit Union; save with us and rest assured your savings are safe and secure.

. If a dividend is declared at the end of the financial year, each share you hold for that year may be eligible for a dividend. The more shares you hold, the greater dividend you receive.

. Unlike other financial institutions, there are no transaction charges on savings (or loans) accounts.

. With Blackrock credit union, you are not just a customer; you are an active member of a successful community organisation and local financial cooperative.

. You can rest assured that your savings are safe and secure, earning a good dividend and helping the community.

. Members enjoy equal rights to vote (one member, one vote) and participate in decisions affecting the credit union.

. You have easy access to your savings and become eligible to borrow money with rates as low as 6% on offer for secured loans.

. Life Insurance is provided on share balances subject to T’s & C’s. More information can be found here.

Members of the Credit Union come together to save on a regular, secure basis, and from this fund, to provide loans to other members just like you.

If you would like to save with us but are not yet a member of Blackrock Credit Union please click on this link to fill out our online Membership Application form.

people_alt Become a Member

How to Save

You may save through a standing order instruction to your bank, by EFT for extra convenience, or simply by calling into the office in Blackrock during opening hours. Your shares will build up quickly, and at the end of the financial year, each member may be entitled to a dividend, based upon the number of shares held.

You may withdraw your savings at any time, although we encourage you to take a loan, and keep your savings intact, to ensure you will still receive your dividend, and benefit from loan eligibility and life insurance.

€40,000 is the maximum amount of overall total savings you can have in your Blackrock Credit Union accounts comprising of €15,000 in a share account and €25,000 in a deposit account. There is no maximum limit to the monthly amount you can save below these limits.

You can withdraw €500 in cash in our office in Blackrock or withdraw any balance by cheque, transfer it to a bank account or Revolut.

Deposit Guarantee Scheme

Your savings with Blackrock Credit Union are protected and 100% secure and are covered by the Deposit Guarantee Scheme. The Central Bank of Ireland is responsible for administering the Irish Deposit Guarantee Scheme which provides protection to eligible depositors up to €100,000 in the event of a credit institution failing.

For further information on this scheme please click here.

Any Questions?

If you have any questions on Saving with Blackrock Credit Union, please call us on 01 283 1034, email or drop in to our office in Blackrock.