Please find a recent communication issued to members highlighting:

1. Growth and Success: The credit union’s loan book has surpassed €50 million, thanks to member support.
2. Challenges: The demand for loans is outpacing available savings, as the credit union cannot borrow from financial markets.
3. Call to Action: Members are encouraged to save more with the credit union to support its lending capacity.
4. New Deposit Accounts: Introduction of new deposit accounts with competitive interest rates to make saving more attractive.
5. Benefits: Increased savings will strengthen the credit union, provide secure and reliable returns, and support the financial goals of fellow members.

Important Update: Help Us Continue Supporting Our Members Financial Goals

Dear TUI Credit Union Member,

I hope this message finds you well. At TUI Credit Union, we are proud to operate on a cooperative framework that benefits all our members. This unique model allows us to use the savings deposited by members like you to fund loans for other members, helping them achieve their financial dreams, whether it’s purchasing a new car, funding education, or renovating their homes.

Thanks to your support and trust, our loan book has seen remarkable growth, recently surpassing €50 million lent out to members, a milestone we reached together! T

However, our success also brings new challenges. As more members seek loans, the demand for funding is outpacing the amount of savings available. Unlike other financial institutions like banks, we cannot borrow from financial markets; thus our lending capacity is directly tied to the savings our members entrust to us.

To continue supporting each other's goals, we need your help. We are encouraging all members to consider saving more with TUI Credit Union. To make this option even more attractive, we are now offering excellent returns on our new Deposit Accounts, which are designed to make your savings work harder for you. Please see our full range of Deposit Accounts at https://tuicu.ie/services/deposit-accounts.

Why Save More with Us?

• Competitive Interest Rates: Our new Deposit Accounts offer some of the best returns in the market, making your money grow faster.
• Strengthen Your Credit Union: By increasing your savings with us, you enable more loans to members, directly contributing to the financial health and success of our credit union.
• Secure and Reliable: As always, your savings are safe with us, managed prudently and responsibly, ensuring security and peace of mind.

We kindly ask you to consider this opportunity not just as an investment in your financial future, but as a commitment to supporting your fellow members. Every additional saving helps!

Interested in enhancing your savings with us?

Please visit our Deposit Account page here 

Phone us at (01) 4266060, and a member of our team will happily talk you through our savings options.

Or drop us an email at info@tuicu.ie to request more information about our new Deposit Accounts and how you can start saving more.

Thank you for being a valued part of the TUI Credit Union family. Your actions can make a significant difference in continuing our shared success and maintaining the strength of our community.

Warm regards,

Paul Roche

CEO

TUI Credit Union