6 Month Notice Deposit Accounts
Our Deposit Accounts allow you the freedom to save separately to your share account while earning interest (rate is variable). There is a 6 Month Notice option available to members. This is a hybrid account in that you can lodge a lump sum and also via regular instalments. Please see below for more details.
We’re here to help you start saving today.
At your credit union savings are an integral part of how we operate and provide our services. HSSCU has a saving option for you. Whether you are saving for something specific, or want to build a ‘rainy day fund’, we can help.
Talk to us today about our Saver Deposit Account.
Members must hold a minimum balance of €50 in a Share Account before a Deposit Account can be opened.
6 Month Notice Deposit Account
Rate of 1.5% (AER 1.5%)
Term – No End Date
Minimum lodgement to start of €500
Maximum balance limit of €90,000
This is a hybrid account in that you can lodge a lump sum and also via regular instalments. No withdrawals allowed unless 6-month notice provided. There is no end date or term on this deposit account. Can stop/start payments into account at any time.
Rate is variable and may increase/decrease at HSSCU discretion, member will be notified in advance of any changes. Interest is paid on the 30th of September each year. There is no insurance (life) cover associated with this account type.
Six Month Notice Saver Deposit Account terms and conditions available here – Terms and Conditions
Other Information
Annual Equivalent Rate (AER) shows the real interest you will earn on savings at the end of a year. AER is the amount of interest earned in a year. AER is useful for comparing the return on savings accounts because it shows how much is earned regardless of how often interest is credited to an account. It is standard practice in Ireland to list interest as AER for savings accounts. You may earn less than the AER because your money may not be invested for a full year. AER is usually quoted without taking DIRT into account.
Rates quoted are variable. Interest is subject to Deposit Interest Retention Tax (DIRT), at the prevailing rate where applicable. For more information please visit: www.revenue.ie
Contact us for more details on how you can apply for a Deposit Account.