What happens to my shares when I die?

Members of the Credit Union can nominate a person to receive their Credit Union Shares. The statutory maximum amount that will be paid out under a nomination is currently €23,000 for members who died before 22nd February 2024 and €27,000 for members who died on or after the 22nd February 2024*. Any amount in excess of this balance will form part of your estate and we will need to see the original or a certified copy of the Grant of Probate/Letters of Adminstration before we can issue the excess funds.

 

*depending on the declaration stated on the nomination form at the time of completion.

 
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