Great news, you can reactivate your account in any of our 4 offices in Achill, Balla, Ballyhaunis or Castlebar.
If you wish to talk to a member of staff you can call us on 094 9022969 or email firstname.lastname@example.org.
Can’t make it in and have a query regarding updating your account remotely, please email email@example.com
How does an account become dormant?
The rules under which First Choice Credit Union operates require that inactive Member accounts are marked as Dormant. This is due to inactivity on the account for the last three years and in line with Rule 19 of the Standard Rules for Credit Unions (ROI). If we do not hear from you, your account will be reclassified as Dormant and will be governed by the Dormant Accounts (Amendment) Act 2012. These savings remain the property of the member.
What happens when your account is made Dormant?
Your account will be classified as Dormant, not Closed. Your shares/savings are still in your account and you will continue to earn any dividend annually on them.
What are my options? – You have 3 options:
- Reactivate your account: To do this you will need to make a transaction (lodgement or withdrawal).
- You may wish to close your account by calling to the Credit Union offices.
- (With option 1 & 2 you must provide Proof of Identity* and Proof of Address**)
- Transfer your account to another Credit Union. If you have moved area and wish to transfer to a Credit Union closer to your current residence just contact your nearest credit union to make the transfer.
In order to comply with the Criminal Justice (Money Laundering & Terrorist Financing) Act, 2010, First Choice Credit Union is required to establish the identity and verify the permanent residential address of all its members.
*Acceptable Proof of Identity
- Current Valid Passport
- Current Valid Passport Card
- Current Valid Driving Licence (EU or UK)
- Current EU National Identity Card
Unfortunately, we cannot accept the PSC (Public Service Card) as proof of Identification.
**Acceptable Proof of Address
- Utility Bill (e.g. telephone, gas or electricity)
- Mobile Phone Bill
- Bank Account Statement
- Credit Card Statement
- Original Insurance Documents (health, household or motor)
- Revenue Correspondence
- Social Protection Correspondence
- Correspondence from a Government Department
- Valid Driving Licence (if not already used as Proof of Identity)
† Correspondence must be dated within the last 6 months
Members must also provide proof of PPS number through the production of one of the following: –
- Payslip, P60 or P45
- Correspondence from Revenue
- Correspondence from the Department of Social Protection