Latest News

05 Dec 2023


20 Nov 2023

Annual Statements

Information on when you can expect to receive your annual statements.

20 Nov 2023

AGM 2023

Information on Armagh Credit Union's AGM from our President.

09 Oct 2023

Art Competition

02 Oct 2023

September 2023 - £1 million in loans

We are thrilled to announce that during the month of September we have paid out over £1 million in loans!

01 Aug 2023

New £50,000.00 Loans

Loans available up to £50,000 with new competitive interest rates now in place! Call in branch or call us for more info!


Our Insurance Products

Armagh Credit Union Ltd also offers various insurances for elgible members ranging from savings and loans as well as death benefit.

Loan Protection Insurance

Loan Protection Insurance is the insurance cover the Credit Union provides on the lives of its borrowing members.

Should an insured borrower die, or (under most contracts) become totally and permanently disabled for any occupation, the insurance cover provides that the loan is repaid in full. If a member who is eligible for insurance cover and has signed the promissory note dies with a loan outstanding, the loan balance is paid in full by the insurer.

You will be informed at the time of the loan application if your loan exceeds the amount covered by the credit unions policy. Under the basic policy death cover ceases on the members 70th birthday. Armagh CU has extended its policy to cover loans for members up to their 85th birthday. Disability cover however ceases on the eligible members 60th birthday.

Life Savings Insurance

Life Savings Insurance is the life insurance cover the Credit Union provides for its eligible members as an additional incentive for them to save regularly. The amount of insurance benefit to which a member is entitled is in proportion to the mount of savings the member has, and depends on the members age at date of lodgement.

Subject to a maximum benefit set by the Credit Union, every £1 you save before the age of 55 provides £1 of insurance. Once you are over the age of 55 each £1 you save with your credit union provides the following benefit:

  • £1 saved between ages 55-59 provides £0.75 insurance
  • £1 saved between ages 60-64 provides £0.50 insurance
  • £1 saved between ages 65-69 provides £0.25 insurance

No insurance is payable on amounts saved after your 70th Birthday.

Once earned, your insurance remains in force as long as you leave your savings in your credit union. Withdrawals may affect the amount payable.

A member is eligible for the insurance cover carried by the credit union if when they begin saving they are:

  • Under the age of 70
  • Actively at work, or if not working, in good health
Death Benefit Insurance

For a premium of £31.23 this year, which is automatically deduced from your dividend, you obtain Death Benefit Insurance of £2,500. This insurance is used to help pay the funeral expenses. The insurance is available to all members who joined the Credit Union before their 70th birthday, and are in good health at time of joining the scheme.

If you haven’t sufficient dividend to cover this premium, you can complete the appropriate form and pay the premium at the counter.

AXA Insurance

Discount for Credit Union Members

15% OFF the cost of your car insurance plus free motor rescue!

And great cover and service from a brand you know and trust. 10% OFF your home insurance Further 10% discount if you have a car insurance policy with AXA!


Call: 02892 445566

Contact: your local AXA Branch