Dormant Account

Dormant accounts are classified as any account which has no member generated transaction in the last 3 years.

If you think you may have an account and have not used it in some time, there is no need to join again. You are still a member. When an account becomes dormant, the account does not close – your shares will remain in the credit union and will continue to earn dividend on an annual basis. With effect from 01st January 2018, the minimum shareholding of Comhar Creidmheasa Cholmcille Ltd. is €5.

What are my options?

1. Reactivate your account: To do this you will need to perform a transaction on your account (lodgement or withdrawal). You need to maintain a minimum shareholding of €5 to retain membership of Comhar Creidmheasa Cholmcille Ltd. You will also need valid photo I.D (passport or driving licence), proof of address (utility bill or bank statement dated within the last 3 months) and your PPS number on an official document (e.g; payslip, p60, social welfare card).
2. Close your account: To do this you will need valid photo I.D (passport or driving licence), proof of address (utility bill or bank statement dated within the last 3 months) and your PPS number on an official document (e.g; payslip, p60, social welfare card). to withdraw your shares and close your account.
3. Transfer your account to another credit union: If you have moved from the area and wish to transfer to a Credit Union closer to your current residence, you can contact your nearest Credit Union to make the transfer.