The TUI Credit Union is a service for saving and borrowing, usually by deduction from salary, offered to members of the Teachers' Union of Ireland. It is run by a board of 13 directors elected at the AGM and is affiliated to the Irish League of Credit Unions. Members borrow at a rate of 7.59% APR on the outstanding loan balance which is far less expensive than borrowing from the commercial lending institutions. Since the Credit Union is a co-operative, any profits made are returned to the members by way of an annual return.
Death insurance cover is free on members loans and savings. A declaration of Health Form may be required.
For further details contact:
TUI Credit Union,
Tel: 01- 4266060, (outside 01 area 1850 741 600).