St. Paul’s Garda Credit Union is a local, mutual, non-for-profit financial institution. St. Paul’s Garda Credit Union is owned by its members via share accounts. St. Paul’s Garda Credit Union specializes in providing savings and loans at fair and reasonable interest rates as well as insurance products to its members.
Because St. Paul’s Garda Credit Union is a non-for-profit organisation, the surplus generated by St. Paul’s Garda 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 St. Paul’s Garda Credit Union are covered by Irish Deposit Protection Scheme.
The Credit Union Movement has adopted a common set of Operating Principles based on our Ethos and Philosophy
Credit Union Operating Principles are:
Open and Voluntary Membership
Democratic Control
Limited Dividends on Equity Capital
Return on savings and deposits
Return of surplus to members
Non-discrimination in race, religion and politics
Service to members
Co-operation among co-operatives
Social responsibility