Savings

Saving that gives back

Save with Mallow Credit Union and you’re more than a customer — you’re a member and part-owner. Your savings earn dividends, come with free life savings insurance, support your local community, and are protected up to €100,000 under the Deposit Guarantee Scheme — easy to access whenever you need them.

Why Save with Us?

Whether you’re saving for something in the future or just for a ’rainy day’, regular saving is a good idea.

Regular saving with Mallow Credit Union is an even better idea. With us, you are not just a customer; you are a member of a successful financial co-operative. Each and every €1 you save is equivalent to 1 share in your credit union. Members enjoy equal rights to vote (one member, one vote) and participate in decisions affecting your credit union. You also earn dividends on your shares.

You will need to hold a minimum savings of €10 to keep your account activated.

Free Life Savings Insurance

Members savings (up to certain limits) are insured at no direct cost to the member through the credit union.

Easy Access

With 8 branches, our online banking app and our MYCU debit card, you can access your money anytime, anywhere.

Supporting Local

As a Mallow CU member, you are supporting a local financial co-operative, that has local people and local communities at the core of what it does.

Good Saving Practices

By saving with Mallow Credit Union, you are building a positive savings history which may be considered should you apply for a loan with us in the future.

Multiple Saving Accounts

With our Key Account, you can have up to 8 sub-savings accounts, so you can keep your funds separate but manage them securely.

Secure Saving

Members savings are guaranteed under the Deposit Guarantee Scheme.

FAQs

Got a question?
We’re here to help

Start application

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Become a member

Visit us in person at one of our
8 local branches.

Find a branch

Visit us in person at one of our 8 local branches.

Contact

Need to speak to someone? Our team is on hand to help by phone, email, or in person.