Membership of Tipperary Credit Union Limited What is a credit union? A credit union is a financial co-operative owned and controlled by its members. It is run for the benefit of its members who are all connected through “a common bond” - an area from which Tipperary Credit Union can accept members. The common bond of Tipperary Credit Union covers Tipperary Town and surrounding areas including Doon, Dundrum, Oola, Cappawhite, Hollyford and Emly and for member convenience, Tipperary Credit Union has a branch office in each of these locations. The credit union is operated by a Board of Directors who are elected by the members at each Annual General Meeting. The Board appoints a Chief Executive and staff to oversee the day-to-day operations of the credit union. As a member you are invited to become involved in the operations of your credit union. Various committees are appointed each year to assist in the running of the credit union. Therefore a credit union is a group of people (members) who save together and lend to each other at a reasonable rate of interest. Credit Unions offer it’s members the opportunity to have control over their own finances by making their own money (savings) work for them
	Membership Service Box
	>>> Saving with your credit union
	>>> Nominating your savings
	>>> Savings Insurance
	>>> Tax and your savings

How can you become a member and take advantage of our products and services.

To become a member simply call into any Tipperary Credit Union Branch office and complete a membership application with a member of staff.

To be eligible to join the applicant must hold the common bond of Tipperary Credit Union. In order to become a full member the applicant (over 16) must pay a membership fee of €1 and lodge at least €5 into shares to become a full member.

By law we require three pieces of identification to allow us to open a new account:

1.         Photo ID, e.g. Passport, Drivers Licence

2.         Verification of Address e.g. ESB Bill, Utility Bill, Bank Statement

3.         PPS Number or Tax Identification Number

Security

All members can rest assured that their money is dealt with in a safe and effective manner. Tipperary Credit Union is affiliated to the Irish League of Credit Unions and is secured in several ways.

•           All officials of credit unions, whether they are volunteers or staff, must be fidelity bonded.      

•           All volunteers and staff must sign a confidentiality agreement annually.

•            Members savings, with certain limits are insured through the life savings insurance scheme.

•           All monies received in credit unions are dealt with in a professional manner on an ongoing basis.

•           Savings for each member are protected (up to €12,700) under the League’s Savings Protection Scheme in the event of a credit union running into difficulty.