Current Account
Current Account
Current Account is a full service current account from your Credit Union, that gives your members a real choice for their day-to-day banking needs.
About Current Account
Launched in 2019, Current Account from your Credit Union allows credit unions to grow their relationship with their members and deliver a banking product that is a legitimate alternative to the banks. Current Account is a fee-generating service for Credit Unions that increases engagement with members allowing the introduction of loans and other services.
Features
Here are some of the key features your members can avail of when they sign-up for a Current Account from your Credit Union:
- Day-to-day banking via their current account
- A globally accepted contactless debit card
- Apple Pay, Google Pay, Google Wallet
- Free contactless transactions
- An overdraft of up to €5,000
Benefits
Providing a Current Account service to your members can help grow your business in a number of ways:
Fees earned from the Current Account will enable your Credit Union to diversify its income base and offset rising costs.
The Current Account service will generate an increase in member engagement, helping to drive new lending.
Members will be able to access their money at any time and from anywhere in the world, reducing the number of counter transactions.
