Company Information

Get to know the lough credit union ltd.

Founded in 1968, The Lough Credit Union Ltd. is a not-for-profit financial institution that is owned and operated by its members. Its mission is to promote thrift among its members by affording them an opportunity to accumulate their savings, and to create a source of credit for the benefit of its members at a fair and reasonable rate of interest. The credit union is dedicated to serving the financial needs of the community within its common bond area in Cork City.

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Financial BankingPRIMARY
Financial Other Service

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the lough credit union ltd.

Ireland

Founded in

1967 (59 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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Warning

This company is currently Unproved.

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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.