Education Credit Union Limited (Ireland)

Address

Wellington House, 25 Wellington Quay,, 2, Dublin, Ireland

BIC

ASRNIE21

Overview

Business Focus

savings and loans

Education Credit Union is a local, mutual, non-for-profit financial institution. Education Credit Union is owned by its members via share accounts. Education Credit Union specializes in providing savings and loans at fair and reasonable interest rates as well as insurance products to its members, natural persons of local residence. Because Education Credit Union is a non-for-profit organization, the surplus generated by Education Credit Union is returned to the members as dividends and/or directed to improve services required by the members. Share and deposit accounts made with Education Credit Union are covered by Irish Deposit Protection Scheme.

Deposit Protection

Deposits up to 100,000 EUR are covered by Irish deposit guarantee scheme in Education Credit Union Limited.

Clients

natural persons residing in the local community

Area Served

local community

Products

savings

loans

insurance

International Transfers

SWIFT Transfers

SEPA Credit Transfers

SEPA Instant Transfers

SEPA Direct Debits

SEPA Direct Debits B2B

Deposit Guarantee

Guarantee Fund

Irish Deposit Guarantee Scheme (DGS)

Protected Amount

up to 100,000 EUR

Eligible Depositors

natural persons
small companies

Covered Accounts

any credit balance on an account with a bank

Education Credit Union Limited participates in the deposit guarantee scheme of Ireland which applies to any credit balance on an account with a bank made by natural persons, small companies and covers up to up to 100,000 EUR per bank per depositor. Education Credit Union Limited is a member of Irish Deposit Guarantee Scheme (DGS) and makes its contributions into it.