Savings Options

Share Account

Credit union savings are called shares. Each share is equal to €1.00. Members can save up to a maximum of €100,000.

Shares earn an annual dividend* which is net of DIRT.

The rate of D.I.R.T is the prevailing rate announced in the Finance Act each year.


Deposit Account

In addition to Shares members can open a Deposit Account.

The following terms apply to this type of account:

  • Interest is earned at .5% per annum* (variable) posted monthly net of Dirt
  • Deposit Accounts are not held as security on a loan and can be easily withdrawn at any time.


CUID (Regular Savings Account)

When you open a CUID2 (Credit Union Incentive Deposit) account you agree to save a regular, variable amount of between €10 and €250 every month for 24 months. Interest is credited to your account at .5% per annum* (variable) and, at the end of the two year term, the interest earned receives a 100% bonus!

That’s right — the amount of interest is doubled and the deposit will have earned 1% per annum.

At the end of the two years you can withdraw your money, regardless of whether you have a loan, or you can just continue to save as normal.


Are my savings secure?

ASTICU is covered by the Deposit Protection Scheme which is administered by the Central Bank. This is a scheme that can provide compensation to depositors if a credit institution is forced to go out of business. It covers deposits held with banks; building societies; and credit unions. The maximum amount a credit union member can receive under this scheme is €100,000.


*Past performance is not a reliable guide or guarantee of future performance. Dividend is paid out of the credit union’s operating surplus and is dependent on a number of variables including investment income performance.