Company Information

Get to know skibbereen credit union

Founded in 1966, Skibbereen & Bandon Credit Union Limited is a not-for-profit financial institution owned and operated by its members. Its mission is to promote thrift and provide credit at fair and reasonable rates, along with other financial services, to its community. Following a merger with Bandon Credit Union in 2021, it expanded its common bond to serve a wider area in West Cork, offering a range of services including personal loans, mortgages, savings accounts, and current accounts, all with a focus on local community development.

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Financial BankingPRIMARY
Financial Other Service

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skibbereen credit union

Ireland

Founded in

1966 (60 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.