Life Credit Union Limited products, services and reviews

About Life Credit Union Limited

Life Credit Union Limited is a member-owned financial co‑operative based in County Kildare and regulated by the Central Bank of Ireland, serving a defined common bond that includes communities around Naas, Newbridge and Maynooth through branch and digital channels. Its offering centres on share (savings) accounts and personal lending for typical purposes such as car purchase, home improvement and education, alongside online and mobile banking. It also provides a current account with a debit card delivered through the credit union sector’s shared platform, supporting SEPA transfers, direct debits, standing orders and contactless payments; maintenance and transaction fees apply as per its published schedule. Eligible savings are covered by the Irish Deposit Guarantee Scheme up to €100,000 per person per institution, while any dividend on shares is not guaranteed and is determined annually. Loans are subject to affordability and creditworthiness checks, with rates, terms and limits varying by product; early repayment may be allowed without penalty depending on the agreement, and borrowers should review any credit insurance conditions where applicable. Membership is restricted to individuals who live, work or study within the common bond and requires standard identification and address verification. The product range is narrower than that of full‑service banks and some international services can be limited, but the credit union provides local branch access and digital servicing; applicants should confirm eligibility, current fees and prevailing rates before opening an account or applying for credit.