Drumcondra Credit Union
Drumcondra Credit Union will remain closed until the 14th of January 2021 due to unforeseen circumstances. Loan repayments should continue to be made in accordance with your credit agreement.
Payments can be made by electronic transfer. Please see 'Loan Repayments' below for further details.
DDCU are open on Thursdays and Saturdays in person (10AM - 2PM) and the phone lines (01 837 9839) are also open (10AM- 4:30PM).
Loan Repayments should continue to be made in accordance with your credit agreement. This can be done by electronic payment to the following account using your Member Number and Name as a reference:
Sort Code: 93-12-25
Account Name: Drumcondra CU Cash
Reference: Member Number & Name
NOTICE OF LIQUIDATION
Following an application on 2 July 2020 to the High Court by the Central Bank of Ireland ("Central Bank"), Stephen Tennant and Nicholas O'Dwyer of Grant Thornton were appointed Joint Liquidators (the "Liquidators") of Drumcondra & District Credit Union Limited ("Drumcondra Credit Union").
Drumcondra & District Credit Union is now CLOSED.
Deposit Guarantee Scheme
The Deposit Guarantee Scheme (the "DGS") has been invoked as a result of the Provisional Liquidation in respect of Drumcondra Credit Union only. Deposits up to ?100,000 per person per institution are protected under the DGS. Payments will automatically issue to the address held on file by Drumcondra Credit Union. These payments have been made as early as possible within the statutory deadline of 15 working days. Members do not have to take any action themselves as compensation payments will automatically issue by cheque to all duly verified depositors.
Further information and updates on the DGS can be found on www.depositguarantee.ie.
The Liquidators have established a dedicated team to handle any enquiries. The team can be contacted on:
Telephone: +353 1 5008032 (9:00 to 18:00, Monday to Friday)
Any members who have changed address since becoming members of Drumcondra Credit Union are requested by the Liquidators to contact the dedicated phone line or email address above immediately in order to confirm their current address.