Enjoy the benefits of a Share Account
Every euro in your share account is also a share in the Credit Union, it’s a share in Your credit union. Becoming a member carries many benefits and joining is easy:
* As of 1st January 2014 all Credit Union share dividend and deposit interest paid to members will be subject to DIRT (members aged 60 and over excepted). Members 65 years of age and over may be exempt from paying D.I.R.T on deposit interest. Total income must be less than €18,000 for an individual and €36,000 for a couple. (Subject to change, see www.revenue.ie for full details or consult a tax adviser).
Note: Loan taken from the Credit Union results in shares frozen as loan security for the duration of the loan term. A DE1 form can be downloaded from Revenue.
If you do not complete the self-declaration form, the credit union will be obliged to deduct DIRT from your dividend or interest. You will then have to apply directly to the Revenue Commissioners for a refund of this DIRT (if you are eligible)