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Can you have 2 share accounts with the credit union?

another question · 2012-09-17 16:26:03

Just wondering if I have a loan attached to my share account is it possible to open another share account with my same name and address and have funds in there that I can access as the loan prevents me from accessing my shares in the account to which it is attached?

17-09-2012 4:26pm

#1

another question

Closed Accounts Posts: 1,386 ✭✭✭

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Just wondering if I have a loan attached to my share account is it possible to open another share account with my same name and address and have funds in there that I can access as the loan prevents me from accessing my shares in the account to which it is attached?

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#2 17-09-2012 4:39pm

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not sure what cu you are with but i was able to open a "club" account which allowed me to do what you wanted. i think the one real difference to the shares account was that you dont earn dividends or interest on it.

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