Credit unions

Credit unions are non-profit-making money cooperatives.  Services and rates may vary between credit unions, who offer the following.


Saving at your credit union has a number of benefits.  The more you save, the bigger your shareholding will be.  At the end of the year, you can then receive a dividend payment based on how the credit union has performed and the amount of your shareholding.  Your savings enable the credit union to offer improved and additional services, with members like you able to borrow at competitive rates.    


Members can borrow from pooled deposits at low interest rates, based on what you can afford to repay.  Loan insurance is included in loan packages at no cost to you. 

Find out more from NI Direct about:

Other Services

Many credit unions also offer:

  • Budgeting tips / Money management service

  • Paypoint

  • Receipt of Benefit payments

  • Debit card payments

  • Foreign exchange

  • Pre-paid cards

  • Bursary schemes

  • Direct debits

  • Death Benefit Insurance / Funeral Cover

Further information is available from the websites of both the Irish League of Credit Unions and the Ulster Federation of Credit Unions:

To find your nearest credit union, click on the following links:

COVID-19 (coronavirus) Consumer Advice

The Consumer Council has also produced advice and information for Northern Ireland consumers who may be affected by the COVID-19 (coronavirus) outbreak.

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