Services Budget Account

Budget Account

Modern living involves the payment of all kinds of regular bills, such as electricity, road tax etc. The budget scheme allows members to plan in advance for these bills for the year ahead. It is operated over a twelve month period. Any member interested in joining the scheme must complete an application form (see below) which is then presented to the Credit Committee for consideration.

Budget Application Form

Click to DownloadDownload Budget Application Form (131.6kb)

Click to DownloadDownload Budget Rules and Conditions (213.9kb)

The membership application form is a PDF document and Adobe Acrobat Reader is required to the view it. Adobe Acrobat Reader can be downloaded for free by clicking on the Get Acrobat Reader icon.

How does it work

  • You decide which regular bills you want to include in the budget plan.

  • Estimate how much each bill will be over the twelve-month period.

  • Total them up (members should be well advised to over-budget a little in case of emergencies and increases in the cost of some of these bills.

  • Divide the total amount by 50 weeks (or 12, if paying monthly) and this will tell you how much you must lodge to your Budget account weekly/monthly.

  • When your bills come in you simply drop them into the credit union to be paid (handling charges will apply)

Please note, a deposit of 10% is required to set up a Budget Account and any account not paid on time will be charged interest.

For further information please contact Eileen or Ann on 041 9838496 or email

Contact Us
  • Tel: 041 9838496
  • Fax: 041 9835684
  • Email:
  • Clarke House, Laurence Street, Drogheda, Co. Louth
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Drogheda Credit Union Ltd. is Regulated by the Central Bank of Ireland. Reg No. 23CU