Membership

Becoming a member of Mourne Derg Credit Union Ltd.

Membership of Mourne Derg Credit Union is open to anyone who lives in the Mourne Derg area. To become a member, it is necessary to complete a membership form, which can be obtained at the Credit Union office. The new member will need to lodge a minimum of £5.00 into savings for the account to be opened.

You will be required by law to provide proof of Identification and proof of address:

Proof of Identity

• Current Driving Licence or Passport
• Current Works/Bus Pass
• Student Card
• Electoral Card

Proof of Address (must be dated within the last three months)

• Utility Bill (Electricity bill, Landline phone bill, TV Licence bill, Rates bill, Tenancy agreement, Housing benefit award letter, HMRC letter)
• Bank/Building Society Statement

All members are encouraged to complete a Nomination of Beneficiary form. Click here to find out more (to be added)

Nomination

All members are encouraged to complete a Nomination of Beneficiary form. This allows a member to specify the person or persons to whom they wish their property in the credit union to be transferred in the event of their death. It is important that all sections of the Nomination of Beneficiary form are fully completed. The present legal limit which may be nominated is £20,000.
Your Nomination falls outside of your will so the proceeds will not be subject to a lengthy probate.

Points to note
∙If your Nominee(s) dies in your lifetime, your nomination is automatically revoked, and you may wish to update it accordingly.
∙If you have since married, divorced or separated it is up to you to update Nominee(s) information.
∙Making a new Nomination will revoke any previous nomination.
∙If you are concerned about your nomination, talk to a Staff member.