06 June 2025

ECB Cuts Rates Again — Secure Your Savings Now with TUI Credit Union

The European Central Bank (ECB) has just announced a further interest rate cut of 0.25%, bringing its base rate to 2.00%. Another cut of the same size is widely expected in September, which may signal the final move in this cycle of rate reductions.

What does this mean for savers? Simply put, traditional variable-rate savings accounts will offer less value in the months ahead. For teachers and educators who have worked hard to build financial stability, it's now more important than ever to review your savings strategy.

At TUI Credit Union, we're offering some of the most competitive Fixed Term Deposit Accounts on the market, designed to protect and grow your savings even as market rates decline.

TUICU Deposit Account Rates:

32-Day Notice Account (Variable): 0.75%
1-Year Fixed Term Account: 1.75%
3-Year Fixed Term Account: 2.00%
5-Year Fixed Term Account: 2.50%

Deposit amounts from €100 to €75,000

Why Choose TUI Credit Union for Your Savings?

TUI Credit Union is a not-for-profit financial cooperative created by teachers for teachers. We exist solely to serve our members—including TUI and IFUT members (active and retired), PME students, third-level lecturers, and their families.

Financial Security with Fixed Returns

Fixed Term Accounts give you peace of mind and know exactly what your return will be, regardless of market fluctuations.

Supportive of the Education Sector

Unlike commercial banks, we reinvest surpluses into member services and financial support for educators across Ireland.

Trusted and Transparent

No hidden fees, no penalties for early withdrawal from variable accounts, and full transparency in how your funds are managed.

Family Membership

Family members of teachers and lecturers are eligible to join, allowing entire households to benefit from our services.

Ethical & Community-Focused

When you save with TUI Credit Union, your money isn't just working for you, it's supporting fellow educators through affordable loans and financial support programmes.

Don't Wait—Make the Most of This Window

With further ECB cuts on the horizon, now is the time to lock in a better rate and protect your financial future. Whether you're planning for retirement, saving for a family milestone, or simply looking to get more from your money, our deposit accounts offer a secure, stable solution.

Start saving smartly today — visit tuicu.ie/savings

If you're already a member—thank you. If you're not, remember: you can be a member of your local credit union and also join your sectoral credit union. Join us at TUI Credit Union and experience the difference of a financial institution that truly understands and supports the education community.

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