The Common Bond

Joining a credit union is easy once you are within the common bond of the credit union. Termonmaguirk Credit Union is based on a Community Bond and thus members must be within the parish of Termonmaguirk, reside or work within a 5 mile radius of Loughmacrory to join this Credit Union.

How to Apply for Membership

You can open an account with a minimum of £10 and a further £1 administration fee. Download and complete the application form at the bottom of this page. 

Adult Membership

Bring the completed application form along with photographic identification and proof of your address e.g. utility bill such as telephone, electrical, rates or bank statement etc. (dated within the last three months). If you're joining because you work in the area you will also need proof of that employment and its location.

Juvenille Membership( 0 – 16 years )

A Juvenille member can be introduced by parent or guardian or via a teacher. Bring the completed application form signed by parent/guardian long with a Birth Certificate and proof of parental address (dated within past three months).


Benefits of Membership 

Flexible and Convenient Loans

We have several loan products and members can apply for loans as soon as they join. Most of our loans are fully insured (for free), against death and permanent disability.

Dividend on Savings

Every year we pay an attractive dividend to members based on the amount that is saved with us (dividends are paid at the discretion of the Board).

Free Life Insurance

Saving also entitles members to be placed in our free Life Insurance scheme (some conditions apply, please ask if you require more information).

Loan Interest Rebate

Each year we refund some of the interest charged on members' loans (known as a Loan Interest Rebate), just in time to help with Christmas shopping. 

Quality Service, No Fees

You can be assured of a professional service from Termonmaguirk Credit Union at all times. And there are no fees for any of our services.

Pay by Direct Debit

Arrange to pay by Direct Debit from your bank and be sure of regular payments to your Credit Union account. We will send you an annual statement showing all transactions and you can request a statement free of charge anytime for any period going back ten years. Ask any staff member for more details about joining the Credit Union, or for further information explore the different sections of this web site.


Download this file (app_membership_sole.pdf)app_membership_sole.pdf[Application For Sole Membership NI]94 Kb