In line with current legislation, Criminal Justice (Money Laundering and Terrorist Financing) Act 2010, you must provide photographic proof of your identity i.e. a current valid passport or driving licence, written proof of your address i.e. a recent household bill such as telephone or electricity bill or bank statement making sure the date on the bill is within the last 6 months, and proof of your PPS number which can be obtained from the Department of Social Welfare and is present on your pay slip and P60. There are no restrictions to joining Kells Credit Union however you either have to live or work in our common bond.
Up-to-date opening hours can be found in our Contact section.
Please note: Our office closes for lunch between 12:30pm - 1:30pm each day.
Members of a credit union enjoy many benefits associated with our membership, including: Control over their own finances. Encouragement and advice on a regular savings program. Excellent service. Loan availability at relatively low rates of interest. Security of savings through the Credit Union’s fidelity bond, and through the Irish League of Credit Union’s Savings Protection Scheme. Loan Protection and Life Savings Insurance, under most circumstances at no direct cost to the member. The confidence that the Credit Union has no hidden charges of penalties for early loan repayment. A wide and growing range of services. Directly contributes to the economic development of the local community.
Banks have a different structure, ownership and purpose to Credit Unions.The primary motive of a bank is to make profits for its shareholders. At a Credit Union, there are no external shareholders influencing the course of their activities. Credit Unions are regulated by the Irish Financial Services Regulatory Authority to ensure their members are the sole reason for its existence. Credit Unions put people before profit. Any earnings in excess of operational costs made by a Credit Union are returned to the members in the form of a dividend or interest rebate on loans. Credit Unions also give members a sense of belonging and protects them form financially over-extending themselves, takes appropriate steps to ensure members have the capacity to repay loans and minimise member’s exposure to risk and act with prudence and in the long–term interest of members.
Any member can apply for a loan from our credit union.
You can become a member and apply for a loan on the same day with St. Colmcille's (Kells) Credit Union.
Should a member experience difficulties in meeting repayment commitments, they should immediately explain the situation to a member of our Credit Control Department. They will treat the matter sympathetically and in total confidence. Depending on the circumstances, it may be possible to renegotiate loan repayments.