To lodge funds:
- When lodging funds electronically to your Account, please submit a CU Disbursement Form to Cara Credit Union.
A CU Disbursement Form tells Cara Credit Union where you would like your lodged funds to go: in to your Shares, your Loan, your Current Account or in to your Access Account.
Without a CU Disbursement Form, Cara Credit Union will automatically lodge your funds to your Loan (if due for payment or loan is in arrears)and balance to your Shares (savings) Account. If you don’t have a loan (due or in arrears) it will go directly to your Shares. Download the CU Disbursement Form here Disbursement Form fill in and return to our offices.
How to Lodge Funds
Electronic Payments (you may need your IBAN and BIC click here for details)
Electronic Fund Transfers Your Wages, most Social Welfare Payments and Pension.
2. Online through your Bank’s Online Banking facility. Please reference Access Account when lodging funds to this Account.
3. Direct Debit: you can set up a regular payment (direct debit) from your Bank Account to your credit union account. Please visit Cara Credit Union to set up a Direct Debit.
Your Bank can also do this, by visiting your Bank and setting up a Standing Order. Please have your Cara Credit Union IBAN and BIC with you.
4. Payroll Deduction Scheme Any company can set up a Payroll Deduction Scheme with Cara Credit Union.
Lodge funds In Person
1. In Branch. In our branches in Tralee, Castleisland, Killorglin, Ballyduff, Causeway & Corca Dhuibhne. You can beat the Q by using the Quick Lodge and Withdraw Kiosks in Tralee, Castleisland and Killorglin. * Please note: Lodged cheques will take 6 days to clear.
2. Automatic Top Up: You can use your Shares to fund your Access Account and/or Current Account. Every time you make a withdrawal or pay a bill, funds can be topped up from your Share Account to Your Access Account and/or Current Account by setting up an Automatic Top Up. This will keep your Access Account at a daily level that suits your transactions.
Please note share withdrawals may be restricted if you have a loan, and may affect your Life Savings Insurance Cover for members aged 55 years and over.
To set up an Automatic Top Up call to Cara Credit Union or download the form below and return to Cara Credit Union, Ashe Street, Tralee
Download an Automatic Top Up Form here
