Deposit Accounts

Our Deposit Accounts allow you the freedom to save separately to your share account while earning interest (rate is variable).

You need to have €6.35 in your share account to open a deposit account. The most that you can hold between all of your savings accounts with us is €100,000. (Please note: From the 1st of July 2020 this will change to €40,000)


Details About HSSCU Deposit Accounts:


  • Lodgements can be made via all usual channels (direct debits, payroll deductions, online payments, card payments, etc.)
  • €6.35 must always be maintained in your Shares Account as a minimum
  • Interest rate is variable
  • Funds are available on demand via all usual channels
  • Interest is calculated and accrued each day based on the balance in the account
  • Interest is paid monthly
  • Deposit Interest Retention Tax (DIRT) is deducted from the interest earned on this account
  • You must be aged 18 or over to have a deposit account
  • The account does not carry life cover or insurance


Contact us for more details on how you can apply for a Deposit Account