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Credit Union Launches Three-Year Fixed Term Deposit Account – Tools for Financial Growth

Posted on March 22nd, 2024
Pa Laide CEO Cara Credit Union (left) and Mark Hussey Chief Operations Officer Cara Credit Union launching the latest financial offering which equates to providing valuable tools for financial growth and stability.

Cara Credit Union is thrilled to announce the launch of its latest financial offering, a three-year fixed term deposit account, which comes with a guaranteed annual equivalent rate (AER) of 2.8% with terms and conditions applying.

This exclusive offering is available for a limited time only, until April 19th, 2024, unless oversubscribed. In response to the growing member demand for more lucrative savings options and a commitment to helping members’ money work harder for them, Cara Credit Union has tailored this new and exciting product.

Secure and Beneficial

This special account is designed to offer members a secure and beneficial way to save, providing a competitive interest rate in the current financial climate.

Key features of the three-year fixed term deposit account: guaranteed interest rate and members can enjoy a guaranteed AER of 2.8% for the entirety of the three-year term, offering a stable and attractive return on their investments.

Member-Centric Initiative

The launch of this product is a direct response to our members’ desire for more advantageous savings strategies, reinforcing Cara Credit Union’s commitment to prioritising the financial well-being of our community.

“We’re excited to offer our members this fixed term deposit account,” said Pa Laide, CEO of Cara Credit Union.

“It’s a testament to our commitment to listening to our members and adapting our services to help them grow their savings.

Tools for Financial Growth

“We believe that by offering a guaranteed return with our three year fixed term deposit account, we’re providing a valuable tool for financial growth and stability. Members interested in taking advantage of this limited-time offer are encouraged to act quickly to secure their 2.8% AER and set their savings on a path of growth,” said Mr. Laide.

For more information, please visit: www.caracreditunion.ie or call into a Cara Credit Union branch in Tralee, Castleisland, Killorglin, Ballyduff, Causeway, Corca Dhuibhne or contact a member services representative on 066 71 22373.

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