You could be a winner too!

Our Cash Draw was introduced in 2007, in order to provide members of the community with an opportunity to win big! Originally a Car Draw, a decision was made by the Board of Directors to move to a fully cash-based prize after it became clear that most winners preferred receiving cash rather than a car.

As a Credit Union member, you have the chance to win €10,000 every month in our Members Monthly Draw. You’ll also be in with a chance to win additional bonus cash prizes throughout the year. To take part, simply enquire in-branch at the Carrick-on-Suir Credit Union office today!

How it works!

Members can enter by dropping into our branch and filling out a form. This form authorises us to take €52 from their shares every May to add to the prize pool. The more members that have entered, the bigger the prize pool!

The current monthly prizes are as follows:

€10,000 x 1 Member

€1,000 x 2 Members

€750 x 3 Members

New entrants will be added to the draw in the June edition of the draw each year.

Once entered, the member is considered as 'opted-in' to all future cash draws with the withdrawal of the entry fee taken each May. Members who wish to exit the Cash Draw should call into the branch and talk to a member of staff in order to 'opt-out'.

Entered members will also be opted in for additional draws throughout the year including the 12 Days of Christmas Draws and any surplus draws.

Member Draw Rules

1. The draw is run by Carrick-on-Suir Credit Union for the benefit of eligible members.
2. An eligible member is a full member who is over the age of 18 years, has completed and submitted a signed entry form and has paid the annual entry fee prior to the commencement of the draw or at such other time as may be agreed by the Board of Directors.
3. All full members of the Credit Union can elect to participate in the Draw ONLY if the signed entry form is received by the Credit Union office before the commencement date OR subsequently at the beginning of each year OR at any time the Board deem appropriate.
4. On receipt of the signed entry form, the annual fee will be deducted from the member’s savings or by such other means as may be decided by the Board of Directors from time to time. Once entered, the membership fee will be automatically deducted annually, unless the member indicates in writing that they no longer wish to participate in the cash draw.
5. Entry is limited to ONE per account. In the event of a prize being won by a joint account; the prize will be paid to the persons named on the account.
6. A register of entrants will be maintained at the Credit Union head office.
7. Prizes will be drawn each month. The amount and number of prizes will be determined by the Board after the closing date for entries, and these will be notified to all the participants by way of public advertisement before the first draw takes place.
8. Winning members will be notified by telephone or post following each draw.
9. All draws are computer generated, and the results are independently verified by our auditors.
10. The draw is non-profit making, with all funds received being paid out as prizes.
11. Staff and Directors are precluded from entering the monthly draw.
12. The cash draw accounts are included as part of our financial statements which are audited by our Independent Auditor are presented at our AGM.
13. In the event the winning member is a person who is in arrears or in default in carrying out any financial commitment or obligation to the Credit Union, the Board may decide to withhold delivery of the cash won by the member until all the arrears have been paid or the default has been rectified. Such decision of the Board will be notified in writing to such member, and if within seven days of the member being notified he/she has failed to comply with the requirements of the Board in relation to such arrears and default, the Board shall be entitled to use the winnings and pay over to the member the net proceeds after deducting any such arrears or paying any monies required to remedy such default. Notice of such decision can be made by delivering same to the member personally or by posting same to him/her by registered post in which case the date of receipt will be deemed to be two working days after the date of posting.
14. The decision of the Board of Directors of Carrick-on-Suir Credit Union Ltd concerning the foregoing rules or any matter arising from the monthly draw will be final and not subject to appeal.
15. The winners’ names and photos will be displayed in the Credit Union Office, Credit Union website, Credit Union social media accounts and in other Credit Union publications.
16. It is the member’s responsibility to ensure sufficient funds are in place at the relevant time to enable their entry to be included in the draw. The Credit Union has no obligation to notify members with insufficient funds in their accounts.

We offer many services aimed at improving access to financial services and encouraging financial inclusion.