Ballyshannon Credit Union is a local, mutual, non-for-profit financial institution. Ballyshannon Credit Union is owned by its members via share accounts. Ballyshannon 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 Ballyshannon Credit Union is a non-for-profit organization, the surplus generated by Ballyshannon 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 Ballyshannon Credit Union are covered by Irish Deposit Protection Scheme.
Killybegs Credit Union was merged with Ballyshannon Credit Union to form Ballyshannon & Killybegs Credit Union.
Deposits up to 100,000 EUR are covered by Irish deposit guarantee scheme in Ballyshannon Credit Union Limited.
Ballyshannon 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. Ballyshannon Credit Union Limited is a member of Irish Deposit Guarantee Scheme (DGS) and makes its contributions into it.
Ballyshannon Credit Union Limited was located in Co Donegal.