Find Us here:
TwitterTwitter
FacebookFacebook
Join Us Membership / Join Us / Dormant A/c

Join Us Today

Joining or reactivating your dormant account in the Credit Union is the best decision you could take for your money. Please ensure that we have your current address so that your statement goes to the right place.

Opening An Account?

Joining Synergy Credit Union is the best decision you could take for your money. People who live, work or study in approximately a 15 mile radius of Fermoy are entitled to join. See our common bond ( below ) for a full list of eligible areas .

To become a Member of this innovative organisation, you will need to call to one of the Synergy Credit Union offices. You need to bring the following documents with you:

  1. Photo ID (e.g., Passport or Drivers Licence)
  2. Proof of Address (e.g., Utility Bill or Statement from a Financial Institution dated within the last 3 months)
  3. Proof of PPSN (e.g., PPSN card, Payslip, P60 etc.)
  4. €6 - to activate Membership

The proof of ID, address and PPSN is to ensure that Synergy Credit Union complies with all Money Laundering legislation.

Please Note: If you do not live in the Synergy Credit Union Common Bond, you will need to provide proof that you work or study in the area. Proof can take the form of a payslip from an organisation in the area or an I.D. card or letter from one of the local secondary or primary schools.

Updating your address:

Ensure that your statement is posted to the right address. Updating your address is important to protect your data and also so that you may receive any important notifications from your credit union. To update your address just call with

  1. Photo ID (e.g., Passport or Drivers Licence)
  2. Proof of Address (e.g., Utility Bill or Statement from a Financial Institution dated within the last 3 months)

Dormant Accounts

Under Rule 22 of the standard rules for Credit Unions (ROI) and in line with Government Legislation, regarding dormant accounts; Dormant accounts are classified as any account which has no member generated transaction in the last 3 years.

When an account becomes dormant - your shares will remain in the Credit Union and will continue to earn dividend on an annual basis, however you will not be able to transact on your account until you provide the required photo ID and proof of address - please be assured that your account will not be closed.

What are my options? - you have 3 options:

1. Reactivate your account: To do this you will need to make a transaction (lodgement or withdrawal). You will also need valid photo I.D. (passport or driving licence) and proof of address (utility bill or bank statement dated within the last 3 months).

2. Close your account: To do this you will need valid photo I.D. (passport or driving licence) and proof of address (utility bill or bank statement dated within the last 3 months) to withdraw your shares and close your account.

3. Transfer your account to another Credit Union. If you have moved area and wish to transfer to a Credit Union closer to your current residence just contact your nearest credit union to make the transfer.


Membership Application

Click to DownloadDownload Membership Form (162.8kb)

The membership application form is a PDF document and Adobe Acrobat Reader is required to the view it. Adobe Acrobat Reader can be downloaded for free by clicking on the Get Acrobat Reader icon.

What is a Credit Union?

A Credit Union is a financial co-operative owned and controlled by its members it is run for the benefit of its members who are all connected through “a common bond” - an area from which Synergy Credit Union can accept members.

The credit union is operated by a Board of Directors who are elected by the members at each Annual General Meeting. The Board appoints a Manager and staff to oversee the day-to-day operations of the Credit Union.

As a member you are invited to become involved in the operations of your credit union. Various committees are appointed each year to assist in the running of the credit union.

Therefore a credit union is a group of people (members) who save together and lend to each other at a reasonable rate of interest. Credit unions offer it’s members the opportunity to have control over their own finances by making their own money (savings) work for them.

What is the common bond?

The common bond is the factor that which unites the members of the Credit Union - it is what the members have in common. 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 are available to fellow members as loans. It also ensures credit judgements to be made on character and personal record rather than solely on commercial risk factor

Our Common Bond - The Area We Serve

Araglen, Ballyduff, Ballyhooly, Castlelyons, Castletownroche, Conna, Glanworth, Glenville, Fermoy, Kilworth, Leamlara, Rathcormac, Watergrasshill

Contact Us
  • Synergy Credit Union
  • Tel: 1800 272927
  • Fax: 025 32503
  • Email:
  • Address: 27/29 Patrick Street, Fermoy, Co Cork
Opening Hours
Fermoy Branch
  • mon
  • tue
  • wed
  • thu
  • fri
  • sat
  • 10:00am - 4:00pm
  • 10:00am - 4:00pm
  • 10:00am - 4:00pm
  • 09:30am - 4:00pm
  • 09:30am - 4:00pm
  • 09:30am - 1:30pm
Watergrasshill Branch
  • tue
  • fri
  • sat
  • 10:00am - 2:00pm
  • 10:00am - 4:00pm
  • 09:30am - 12:00pm
*closed for lunch 12:30 - 1:30pm
Follow Us
Find Us here:
TwitterTwitter
FacebookFacebook
Synergy Credit Union Ltd is Regulated by the Central Bank of Ireland. Reg No. 126 CU