Important Member Announcement

TUI Credit Union, Comhar Linn INTO Credit Union and Education Credit Union

We are pleased to inform you that the Board of Directors have been advancing discussions with TUI Credit Union, Comhar Linn INTO Credit Union and Education Credit Union in relation to combining our resources to form a new, unified credit union for the Education community.

These exploratory discussions have progressed positively and are now at an advanced stage, with continued momentum as we work collaboratively towards a single, stronger financial cooperative proudly dedicated to serving the entire education sector across Ireland, from primary, post-primary, third level and support staff.

This proposal stems from a position of strength. All three credit unions are financially robust, share the same member-focused ethos, cooperative values, and commitment to excellence in service. The merger represents a proactive, strategic step to ensure we remain resilient and well‑positioned to meet the evolving needs of our members in a dynamic financial landscape.

What this means for you as a valued member:

The heart of our credit unions is you—our members—and we remain deeply committed to our shared values of Member Focus, Teamwork, and Professionalism.

• Your day‑to‑day experience, the personal service you receive, and the trusted relationships you’ve built with us will continue seamlessly.
• You'll keep enjoying the same warm, dedicated support from the people you know and value, serving the same education community you’re part of.
• By combining our resources, the new Education Credit Union will invest more in modern technology, enhanced digital services, and more competitive products—delivering better value and stronger support for your financial needs.
• The merger will open up greater opportunities, including improved access to a wider range of services, innovative offerings, and resources tailored to educators.

The Board of Directors are fully committed to this strategic merger, which is based on a strong collaborative approach between our credit unions. The Board believes that by joining forces, we will build on our valued and respected legacy of serving educators and continue to meet the unique financial needs of today’s and tomorrow’s teachers with the same care and dedication.

Exploring this initiative provides assurance on the continuation of services and ensures that we will have the combined strength to meet the challenging times ahead for credit unions and positively explore the growth opportunities this strategic merger presents.

This announcement is made in the spirit in which our credit unions intend to move forward with this process—honesty and transparency—so that you, the member, can be sure that you are fully informed at all times.

As the process evolves, each member will receive an information pack which will outline the financial position of our credit unions and the benefits of this initiative. Please be assured that the Board of Directors wish to fully engage with members throughout this process. The proposed transfer of engagement will require the approval of our regulator, the Central Bank.

To reassure you, we are still at an early stage—nothing is decided yet, and we will keep you fully informed every step of the way. It is also important to note that throughout this proposed process, it will remain business as usual with no impact on your day‑to‑day activities.

Your Questions Answered

We understand that members may have questions about what this proposal means for them. To assist you, we have prepared a dedicated Questions & Answers (Q&A) section which addresses the most common queries about the process and how it may impact you.

This is available alongside this announcement and updated as the process progresses.

We encourage members to review the Q&A section and contact us with any additional questions they may have. Members can direct their queries to paul@tuicu.ie.

Michael Daly, Chair                     Paul Roche, Chief Executive Officer.