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Buying a car from the UK? Talk to us at First Choice Credit Union

Second-hand, imported cars from the UK continue to rise in popularity with the Irish consumer. In fact, the latest Consumer Market Monitor (CMM)* reports that second-hand cars imported from the UK will overtake the number of new cars sold in Ireland for the first time ever this year. In 2007, imported second-hand sales were at just over 59,000. In the ... Read More

Tax Treatment of Dividends

Tax Treatment of Dividends From 1st January 2014 all credit union share dividend and deposit interest paid to members will be subject to DIRT, with the exception of dividend or interest paid to members who are exempt from DIRT. The only members who can be exempt are: Members aged over 65 whose total income is less than the relevant limit, ... Read More

Deposit Guarantee Scheme

Deposit Guarantee Scheme Eligible deposits in First Choice Credit Union Limited are protected by the Deposit Guarantee Scheme (“DGS”)(1) Eligible deposits in First Choice Credit Union Limited are protected by: the Deposit Guarantee Scheme (“DGS”)( 1 ) Limit of protection: EUR 100 000 per depositor per credit institution ( 2 ) If you have more eligible deposits at the same ... Read More

Nominations

Nominations This is a unique facility for credit union members. If you are over 16 years of age you can nominate who is to receive the monies in your accounts with the credit union upon your death, which includes shares, deposits and insurance proceeds. This is of benefit if the member dies without leaving a will as the property left ... Read More

Upgrade your home with First Choice Credit Union

Take advantage of SEAI grant funding towards the cost of energy upgrades We all want to feel that little bit cosier in our homes and enjoy the comfort that home brings. With energy efficiencies and sustainable energy a hot topic in national news, now is the ideal time to take advantage of the wide variety of grants available to homeowners ... Read More

Did someone say holidays?

Irish holidaymakers are likely to be more price-conscious than ever in 2019 with the economic uncertainty surrounding Brexit. The annual holiday will however continue to remain a staple event for Irish households this year, despite cost being a significant factor. The travel experts at Lonely Planet for example do not forecast any drop in consumers holidaying this year. They are ... Read More

Study finds credit unions are most respected provider of financial services

First Choice Credit Union, and its sister credit unions around Ireland, have been named the highest regarded organisations providing financial services in Ireland. Credit unions topped the financial services category in the Ireland RepTrak® 2019 study. With a score of 80.3, they were far ahead of the average score of 59.0 in the sector.   Credit unions were also ranked … Read More

First Choice Credit Union Launches Rockin’ Youth Financial Education Initiative

GR8 SAVERS WEEK RUNS FROM 7th – 12th MAY 2019 First Choice Credit Union is encouraging children throughout our common bond (Achill, Balla, Ballyhaunis and Castlebar) to get rocking with their savings this May! The credit union launches its ‘GR8 Savers’ financial education initiative this week (May 7th to 12th) and anyone who joins as a junior member will receive … Read More

Struggling with credit card interest? Talk to First Choice Credit Union

More than half of adults in Ireland own a credit card. A substantial six in ten however don’t know what interest rate they pay. This is despite the fact that most credit card owners use their plastic very frequently. The majority of adults tend to use their cards every month for ad hoc spending, rather than for one-off purchases throughout ... Read More

Renovate your home without overhauling your budget

Summer is now upon us – and the change of season is one of the best and most popular times of year for home improvements. Home upgrading has seen a surge in popularity in recent years – and for good reason. A refurbishment can completely transform a home. A nationwide survey by the Irish League of Credit Unions (ILCU) found ... Read More

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