Latest News

14 Mar 2023

Office Closure: Wednesday 22nd March

The office will closed on Wednesday 22nd March

09 Mar 2023

Office Closure: Friday 17th March

The office will be closed on Friday 17th March.

01 Mar 2023

Strictly Mamma Mia Ticket Giveaway Winner

Member Laura wins 2x Strictly Mamma Mia Tickets

25 Feb 2023

Donation made to Friends of St John’s P.S Gilford

PCU make a doantion to St John's P.S, Gilford

22 Feb 2023

CLOSED- Facebook Giveaway Terms and Conditions- 22/02/23

Win 2 tickets to Strictly Mamma Mia on Friday 3rd March 2023

17 Feb 2023

Dormant Accounts

How to reactivate a dormant PCU account

15 Feb 2023

Art Competition National Level Winner- Sarah Thompson

Our local winner Sarah Thomspon won in her category across all of Ireland

10 Feb 2023

SCAM ALERT

We will NEVER send links in texts or emails

09 Feb 2023

Free Translink ylink card for 16-23 year olds

Translink ylink card is now FREE for 16-23 year olds

31 Jan 2023

School Quiz 2023 Winners

School Quiz 2023 winners

Insurance

Insurance Types

Insurance Types

Portadown Credit Union offers its members a range of insurance products on savings and loans, as well as Death Benefit Insurance.

Insurance on Savings

Portadown Credit Union, like other Credit Unions affiliated to the Irish League of Credit Unions offers its members a unique and, most importantly, free insurance product.

Every pound which you save, up to the age of 55, in the event of your death is doubled. This applies to a maximum savings value of £15,000 and is payable to the person you have recommended on your form of nomination.

Savings made between the ages of 55 and 70 still receive an insurance premium, but the amount that is applied reduces as the member gets older.

  • Every £1 saved before the age of 55- Provides £1 of insurance
  • Every £1 saved between the age of 55- 59- Provides 75p of insurance
  • Every £1 saved between the age of 60- 64- Provides 50p of insurance
  • Every £1 saved between the age of 65- 69- Provides 25p of insurance

Life Insurance on Loans

Portadown Credit Union offers its members free life insurance on loans. This is available to any member who is actively in work or is in good health when the loan is granted. All loans must be paid in full before the member’s 85th birthday.

Death Benefit Insurance

Death Benefit Insurance (DBI) is available to anyone who is in good health and who joins Portadown Credit Union in advance of their 70th birthday. Minors are covered automatically.

DBI provides £2,000 of insurance cover to a Member’s nominated person in the event of their death.