Deposit Accounts

2 Year Fixed Term Deposit Account

Interest Rate Fixed 2.5% AER Kilcloon Credit Union is delighted to offer Fixed-Term Deposit Accounts to give members a guaranteed return on their savings.

EARN INTEREST ON YOUR SAVINGS.

Our 2 Year Fixed Term Deposit Account is a great choice for those seeking to lock in their savings for a fixed term at an attractive rate.

Take control of your financial future and apply for our Fixed Term Deposit Account today!

 

The fixed-term deposit account is separate to all other savings and funds are not held against a loan.

 

Members can save a lump sum up to €65,000. Earn interest of up to 2.5% on your savings.

 

You can only access the funds held in the account upon maturity, thereby offering you peace of mind that your funds are invested in a low-risk investment option with an assured return at the end of the period.

 

Deposits must be committed for the full 2-year term. Whilst depositors may request access to some or all of their funds prior to maturity, the Credit Union reserves the right to decline such requests at its absolute discretion.

How to Apply: Simply call into our office in Kilcock and complete the application form or download and complete the form at home (see the bottom of this page) and post it to us or email it to info@kilcu.ie.
Documents Required: Proof of ID, proof of PPSN and a proof of address dated within 6 months.
Term: The term of the account is 2 years.
Fees and Charges: There are no set up charges, maintenance or transaction fees applied to your Fixed Term Deposit Account.
Interest Rate: The interest rate is fixed at 2.5% AER and will be applied to the account at the maturity date of the deposit. All interest earned will be subject to DIRT at the applicable rates. DIRT will be deducted at source.
Who can apply? The Fixed Term Deposit Account is open to new and existing members of Kilcloon Credit Union.
Minimum Age: 18
Minimum Lodgement: €5,000
Maximum Lodgement: €65,000
Lodgements: You can only lodge once into the account in the form of a single lump sum and no further lodgements will be permitted on the account after the start date.
Closing Date: 31st May 2024.

IMPORTANT INFORMATION

This is a 2-Year Fixed Term Deposit.

Closing Date: 31st May 2024.

Interest Rate: 2.5% p.a. (AER 2.5%).

Interest accrues from 1st June 2024.

Interest subject to D.I.R.T. (deducted at source).

Interest payments made annually.