savings acount

for smarter savings.

Whether you’re saving for something in the future or for a
‘rainy day’, regular saving is a good idea. When it’s with
Member First Credit Union, it’s an even better idea. On top of offering free savings accounts, there’s also the bonus of knowing that your savings are being used to make loans to other members. Members just like you.

How to join

application form

Fill in an application form and hand in to staff member in any of our North Dublin branches.

provide required documents

Provide the required documents (proof of address, photo ID and PPS numbers). It only costs €1 to join, and you have to
lodge €5 to activate your account.

wait for approval

Your application will be sent for approval. You’ll get your account details via phone and email.


Please Select
Share Account
CU Cash Account
XMAS Savings Account

Share Account

The Share Account is the most popular of the saving accounts we offer. Each member of Member First Credit Union holds shares, making them part-owner of the credit union. Once you join and open a share account you may be eligible to open one of our deposit accounts below, subject to terms and conditions.

Contact your local branch for more information.

CU Cash Account

This is an on-demand non-interest earning account. There is no minimum amount that members have to save. You can lodge and withdraw savings from this account at any time, as they are not held against a loan. What’s more, there are no penalties and no charges.

How do I open one of these accounts?

You need to have a share account with the Credit Union first before being eligible to open this account. Call in or contact us on the details below and we’ll talk you through all of the details and terms & conditions. Please note though, you may be asked to provide proof of your PPSN and photo ID.

XMAS Savings Account

  • Christmas can be an expensive time, but with our Xmas Saving Account you have a whole year to prepare for it! Start saving even a little every week, and watch it grow.

This is an on-demand non-interest earning account, and separate to your other Member First Credit Union accounts. It’s easy to set up, and there are no fees.

  • Make lodgements directly by visa debit, payroll deduction, direct debit or cash payments.
  • Access your money from the 1st November to 31st January
  • Your Xmas Saving Account will not close following the payout date and you can continue to save for the following Christmas

How do I open one of these accounts?

You need to have a share account with the Credit Union first before being eligible to open this account. Call in or contact us on the details below and we’ll talk you through all of the details and terms & conditions. Please note though, you may be asked to provide proof of your PPSN and photo ID. But do it soon, because Christmas is coming!

How do I receive my One Time Passcode via Push Notification?

In order to receive your OTP via Push Notification, Android users must change their notification settings on their device. To enable push notifications on Android phones:

  1. Download the MFCU app here
  2. Go to ‘Settings’ on your phone and navigate to ‘Notifications’
  3. Select ‘View All’ to view app notifcation settings
  4. Click ‘MFCU’ and allow all badges/notifications
I need help with Online Banking

If you’re having trouble with Online Banking, you’ll find a full library of FAQs at the link below.

How do I get access to Online Banking?

To get access to your Member First Credit Union account online, you’ll first need to register. Once you’ve completed the application, a confirmation email will be sent to the email address you have provided.

Your new PIN number will be sent to you by secure SMS, so it’s important that you have your contact details up to date. Once you have received your PIN, you can login to CU Online right away. You will also receive a One-Time Passcode (OTP) to your mobile number each time you login for enhanced security.

With Online Banking you will be able to transfer funds, view and print statements, and check account balances.

Can I transfer funds between my MFCU account and bank account online?

Once you have signed up for Online Banking with Member First, you can transfer funds to and from this account online. Please note that transfers can take up to 3 working days to be processed.

All Member First Credit Union accounts are eligible for free online access. You can register for online access to your account at the link below.

Please note that proof of ID and proof of address need to be up-to-date to allow members to transfer funds electronically.

Should I save with a credit union?

Enjoy our FREE Savings Accounts.

MFCU has a savings account for every type of saver. So whether you are saving for something in particular, have a lump sum to put away, or just want to build an ‘emergency fund’ to give yourself a little peace of mind, we can help. We’ll put together a savings plan that’s easily managed and that works for you. Start saving today.



Using your Credit Union account IBAN & BIC you can easily transfer funds into your MFCU account.

direct debit

Complete a direct debit mandate form available in-branch or online under our downloads section.


Make a deposit over the phone
using a VISA/Debit Card. Our
dedicated Member Service
Centre is ready to take your call
on (01) 851 3400.


Call into any branch and pay over the counter. We have a number of branches across North Dublin.

free savings accounts

Of Course You’ll Want To Join!

With us, you’re not just a customer, you’re a member.

Important Information About Our Saving Accounts

Savings Limit

The maximum amount of savings for all members who open or reactivate their account after the 8th December 2020 is €15,000. The maximum amount of savings for all other members is €30,000. The maximum amount of savings for all minor members (under the age of 16) is €5,000. These amounts are inclusive of all balances in Savings Accounts, Special Savings Account, CU Cash or Xmas Deposit Account.

For more information on the savings cap please click here.

If you would like to request a funds transfer to comply with our savings limits
please click here.


Note that all dividends earned are subject to DIRT. The dividend is posted net to the account every year, which means you will have no further tax liability on this income and there are no Revenue reporting requirements or member declarations attached to this account. This can represent a saving to some members who would normally be liable for tax at the highest marginal rate.

CuCash and Xmas Savings Accounts

Please note that members must leave at least €63.50 in shares to be eligible for these accounts. Up to date ID and PPSN, as well as Proof of Address is also required to open these accounts.

Deposit Guarantee Scheme

All of the savings of our members are guaranteed up to a maximum of €100,000 under the Government Deposit Guarantee Scheme. Information on the scheme is available at

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