Tui Credit Union

In 1967 a small group of TUI members banded together to form the first Teacher's Credit Union in Ireland. The group became affiliated to the Irish League of Credit Unions in November of that year. To kick-start the venture the security fund committee of TUI agreed to make a loan of available to the group, deferring interest for three years. Three thousand pounds was to be made immediately available for loans and the other two thousand was held prudently in reserve until the venture would show promise of success. TUI Credit Union is one of the most progressive and modern Credit Unions in the country. Since its establishment in 1967, TUI Credit Union has grown to over 4,700 members, and more than €31m in assets. The TUI Teachers’ credit union currently provides a full financial service to members and their families, a service that will shortly incorporate a personalised debit card for use at home and abroad.