Thirty of the larger Credit unions in Ireland launched a new current account in October 2019. This means they can now compete with banks for day-to-day banking services. The current account can be used for receiving salar
There will be a monthly Account Maintenance Fee of €4 charged quarterly ( €12 per quarter).
There is also a 50c charge per ATM withdrawal if you exceed five withdrawals per month.
All other day to day transactions are free.
A Credit Union current account is not the cheapest available – so it is hard to see too many people switching over to the Credit Union from their existing bank unless they already have a savings account with the Credit Union.
You can compare the Credit Union current account charges with other banks in Ireland here: Current Account Charges in Ireland
Some of the 30 Credit Unions offering current accounts include :
Comhar Linn Credit Union
Core Credit Union
Dubco Credit Union
Athenry Credit Union
Douglas Credit Union
First South Credit Union
Cara Credit Union
Waterford Credit Union
Full details at Currentaccount.ie