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Loan Interest Refunds & Dividends

Each year, if there is a surplus in income, we issue loan interest refunds to members with loans and dividends on savings to members who have savings.

In 2017 a 4% interest rebate was paid to members who had loans with an interest rate of 8% or higher. As well as that, we made a dividend payment of 0.05% on savings.

While it is important to note that this is not an indicator of future performance and there is no guarantee that a loan interest rebate or share dividend will be paid in future years, we work hard to make a surplus for members.

Kilrush Credit Union