The common bond is the factor, which unites the members of the credit union.
If you work or live in Lismore or Cappoquin or the surrounding area you are part of our common bond and eligible to join us.
Because of the common bond, all members have the good of their community at heart. They know and trust each other. The common bond ensures that the savings of members of the community are available to fellow members as loans. It also enables members to know each other and to make credit judgments on character and personal record rather than on commercial `risk’ factors.
By opening your account with Lismore & Cappoquin Credit Union you become a shareholder which entitles you to one vote in the running of your credit union. You can exercise this vote at the Annual General Meeting.
To join us you are required by law to provide proof of identity. You will need the following:
- PPS Number
- Proof of ID (Passport etc)
- Proof of address (Utility bill etc)
You must be 16 years of age to become a member. If you are under 16 years of age you can open a juvenile account. You will need to bring the childs PPS number and Birth Certificate.
Group Or Club Accounts
We also accept group and club accounts within our common bond. Terms and Conditions apply.
Money Laundering Requirements
Under the terms of the Criminal Justice Act 1997 we require proof of address e.g. utility bill or payslip and proof of identity e.g. passport or drivers licence with each membership application