Latest News

25 Sep 2023

Junior Savers Week 2023

Junior Savers Week- 25th September- 1st October

19 Sep 2023

Portadown Credit Union does Country comes to Town 2023

Portadown Credit Union took part in Country comes to Town 2023

14 Sep 2023

Transfer Reference Reminder

Be sure you are using the correct reference

12 Sep 2023

Credit Union Art Competition 2023 Launched

Open to all ages! Closes 13th October at 5pm.

18 Aug 2023

PCU supports Portadown Cares

Backpack donation made to Portadown Cares

16 Aug 2023

Portadown Junior Phoenix Players Present...

Showing 23rd-26th August!

11 Aug 2023

Portadown Credit Union APP Update

APP update available now

20 Jul 2023

Win Free Insurance for a year from AXA

Enter to Win Free Insurance for a year from AXA

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Every pound which you save, up to the age of 55 and not withdrawn, in the event of your death is doubled.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 which is paid directly to the funeral director*

*Terms and conditions apply.