About

Our Story

Synergy Credit Union is a local, not for profit financial institution. We specialise in providing a great place for savings and loans in our community.

The Credit Union Difference

Established in 1965, Synergy Credit Union is proud of its heritage and continues to be governed by our members and voluntary Board of Directors.

Flexible & Convenient Loans

Members can take out flexible loans immediately after joining and repay at tailor-made schedules. Subject to criteria, all of our loans are fully insured (for free), against disability or death.

Modern Banking

Our members have the option of registering for online banking, allowing you to transfer funds, pay bills, apply for our services and much more.

Current Account

With access to your funds in-branch, online or within the mobile app Current Account from Synergy Credit Union gives you all the benefits you expect with the personal touch of your trusted Credit Union. Say goodbye to excessive maintenance charges! Simply tap and go with contactless payments and our Current account is Apple, Google & Fitbit pay enabled.

Quality Service from professional staff

You can be assured of a professional service from Credit Union at all times. Our phone lines are open Monday to Saturday for your convenience. You do not pay a transaction fee for saving with us or borrowing money.

Automated transactions

As well as transacting at the counter, members can pay into their account by direct debit, standing order and credit transfer or by making a debit card payment through online banking.

Member owned

When you become a member of Synergy Credit Union, you become an owner in an organisation that is democratically governed and supervised by a board of directors. The board represent the interests of their fellow members.

Strength in Numbers. Better together

Our story began back in November 1965 when group of community spirited people came together, to form what was to be called “The Fermoy Civic Action Group “. This group had three main aims, to set up a Public swimming pool, to set up a Toastmasters group and to set up a Credit Union. Through the active encouragement of the Fermoy Civic Action group, the first meeting of the new Credit Union was held in the Courthouse on November 15th, 1965.
Today we provide over 19,000 members with highly competitive loan rates, savings services and other financial services. We are a modern member-driven financial co-operative owned by our members and we are driven by a passionate and genuine desire to enrich our members’ lives.
Synergy Credit Union will provide members with the resources to manage their money and financial affairs, by offering current accounts, loans, money management and personal savings. We will augment our services with relevant financial products that meet members needs and represent excellent value for members and the Credit Union. We will deliver our service in a personal and professional way, making it easy for members but supported by modern delivery channels.

Our Mission and Vision

Our Vision is to be a strong, forward thinking, dynamic, member focused, socially aware credit union which provides a full suite of sustainable financial services to members, delivered in an ethical, manner and our Mission is to be the first-choice provider of sustainable financial services to our members, positively contributing to a sustainable society.
We are committed to providing financial services to our members with the highest levels of professionalism and respect whilst also committing to contribute positively to climate change with the highest Environmental, Social and Governance standards being at the heart of our decisions.
We will continue to adapt to the changing economic landscape and develop products and services to support our members throughout their lifetime and we will continue to support our community to ensure the credit union makes a positive difference in line with the Credit Union ethos and operating principles.


As your Credit Union we strive to make you and our community our number one priority.

Board of Directors

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John Doe

John Doe

Director

Jane Doe

Jane Doe

Director

John Doe

John Doe

Director

Jane Doe

Jane Doe

Director

Jane Doe

Jane Doe

Director

John Doe

John Doe

Director

JaneDoe

JaneDoe

Director

John Doe

John Doe

Director

Synergy CU Calendarium

Synergy Credit Union is a community based progressive financial co-operative providing its members with a wide range of equitable financial services. It is run by its members, for the benefit of its members. Its community nature and spirit gives added impetus to the economic and social well-being in the areas that we operate.

1965

On November 15th, 1965, the first meeting of this new venture was held in the Courthouse. In those early days the Credit Union officials operated from rented premises at 74 Lower Patrick Street for a weekly rent of ten shillings, formerly a shop belonged to Teddy O Connor.

1969

It moved to the recently purchased Clancy’s premises at 49, Newmarket Street and employed its first full time employee Marie Byrne.

1971

The common bond was extended to the neighbouring parishes of Castlelyons, Rathcormac, Glanworth and Kilworth and Watergrasshill. There were many volunteers who helped spread the news in these areas.

1983

The branch in Watergrasshill was opened on the main street in Watergrasshill village.

1993

On April 29th the Credit Union offices moved to 27 Patrick Street to what was originally Morgan Spillane’s drapery shop.

2004

A sub-office was opened in Glenville at the request of the local community council.

2012

The financial crash of 2008 had a devastating effect on the Irish economy. Unemployment rose to over 16% locality and the Credit Union suffered badly. In many cases due to no fault of the members many loan repayment agreements could not be fulfilled. The management and staff, the Credit Union managed to survive these turbulent times and turned the corner to recovery by 2012.

2016

On the 1st December 2016, Fermoy Credit Union changed its name to Synergy Credit Union to reflect the growing membership outside of Fermoy and to position itself for the next stage of its development.

2018

In June, Synergy Credit Union took over the operations of St Patricks Credit Union on Lwr. Glanmire Road and it was merged into Synergy Credit Union.

Membership Made Easy

It's now easier than ever to join Synergy Credit Union. With advanced biometric facial verification, and the ability to submit proof of ID remotely, we're offering you a safe and reliable way to become a member without the need to visit a branch.