Cap on Savings & Monthly Lodgement Limit will commence from the 1st of March 2021.
Following due consideration and deliberation, the Board of Directors of Goresbridge Credit Union Ltd has reluctantly decided to introduce a cap of €40,000 per member account.
It has also been reluctantly decided by the Board of Directors that the maximum limit that can be lodged to an account is to be restricted to €2,000 per calendar month, this is also effective from 1st March 2021.
These regrettable decisions were taken in the best interest of all members of the credit union.
The Board will keep these arrangements under constant review. See the attached letter for further details.