Fixed Term
Deposit Account

Fixed Term
Deposit Account

Fixed Term Deposit Account

Discover the benefits of a Croí Laighean Credit Union Fixed Term Deposit Account for secure savings growth. Our Fixed Term Deposit Account offers a guaranteed 2% fixed interest rate over a 30-month term, ensuring stability and peace of mind for your investments.

Whether you have funds in your Croí Laighean Share Account or a lump sum waiting to be utilised, maximise your returns by opening a Fixed Term Deposit Account today. Deposits up to €100,000 (combined) are covered under the Deposit Guarantee Scheme.

We also have a range of savings accounts with no set-up, maintenance, or transaction fees including our Share Account, Family Savings Account, and Children’s Savings Account for kids aged 7 and over.

Why choose a Fixed Term Deposit Account

  • Earn a fixed interest rate of 2%
  • Save between €2,000 and €75,000
  • Ideal for helping to achieve savings goals
  • Available to new and existing members
  • Fixed term of 30 months
  • Single lodgement only

How to apply for a Fixed Term Deposit Account

If you live, work or study in our common bond – you’re halfway there.

If you wish to open a Fixed Term Deposit Account, please fill out the form below:



Fixed Term Account Benefits

Croí Laighean CU Dividends

2% Fixed Interest Rate

2% Fixed Interest Rate

We offer a guaranteed 2% fixed interest rate return over a 30-month term.

Secure Family Savings Account

Deposit Guarantee Scheme

Deposit Guarantee Scheme

All deposits up to a combined value of €100,000 are covered by the Deposit Guarantee Scheme.

Croi-Laighean-Community-support

Supporting Your Community

Supporting Your Community

As a not-for-profit Credit Union, we invest our profits into our local community. So, when you save with Croí Laighean Credit Union, you are investing in your community.

Fixed Term Deposit Account T&Cs

  • You must be a member of Croí Laighean Credit Union, aged 18 or above, and hold at least €5 in shares to open a Fixed Term Deposit Account.
  • The minimum deposit for the Fixed Term Deposit Account is €2,000 up to a maximum of €75,000. Please note that a member’s total savings in Croí Laighean Credit Union must not exceed €100,000 across all accounts, with a minimum of €5 held in shares. If a member has existing savings with CLCU and wishes to open a deposit account, they may transfer funds from their other CLCU accounts or deposit new funds, provided the total savings does not exceed €100,000.
  • This Fixed Term Deposit Account is for a single lump sum deposit only, and no further lodgements will be permitted after the account is opened.
  • Withdrawal of funds is not permitted. Any withdrawal will break the fixed term and your account will not qualify for the bonus interest. The Account interest earned up to the point of withdrawal will be retained – see below for the interest breakdown.
  • You have a 14-day cooling-off period from the date the Account is opened, to change your mind. If you wish to close your Account during this time, please contact us in writing.
  • A fixed interest rate of 2% will be applied to this Fixed Term Deposit Account for the Term of 30 months (AER: 0.80%). The interest accrual breakdown is calculated as follows:
    • Months 1 – 12: 0.50%
    • Months 13 – 24: 0.75%
    • Months 25 – 30: 0.75%
  • The full 2% is only payable if the account is maintained for 30 months with no withdrawals.
  • All member deposits up to €100,000 (combined) are covered under the Deposit Guarantee Scheme, details are available at www.depositguarantee.ie
  • All interest earned will be subject to DIRT at the applicable rates. DIRT will be deducted at source unless you are exempt.
  • Please note, Fixed Term Deposit Accounts are not covered by our Life Savings Insurance cover. Full details on non-deposit account Life Savings Insurance cover can be found here.
  • Joint Fixed Term Deposit Accounts are available if the membership account is a joint account.
  • The Account interest rate is calculated and accrued each day based on the balance in the account and only paid at the closing or maturity of the Account term.
  • The Credit Union reserves the right to withdraw these Accounts at any time without notice and amend these terms and conditions.
  • The Credit Union may at any time without notice to the member offset and apply any credit balance in this Account toward payment of any outstanding loan they have which may be in default, and where the member has failed to respond.
  • The principal amount of any Fixed Term Deposit Account and any interest thereon up to the Deposit End Date shall be transferred to the member’s Share Account.
  • We may request identity verification documents to comply with the prevention of money laundering legislation.
  • If you wish to make a complaint, please contact a member of staff in person, via email or phone. If your complaint is not resolved to your satisfaction, you have the right to refer your complaint to the Financial Services and Pensions Ombudsman, Lincoln House, Lincoln Place, Dublin 2, D02 VH29.
  • This agreement between the Credit Union and the Account holder is governed by the laws of Ireland. Croí Laighean Credit Union is regulated by the Central Bank of Ireland.