Tel: 0504 91700 Fax: 0504 21557 Email: info@thurlescu.ie

23 November 2014
News

Members Cash Draw November 2014

Thurles Credit Union held its monthly Members’ Cash Draw at Credit Union House, Parnell Street on Saturday 1st November 2014.

 

The draw is computer generated. The lucky winner who won the €10,000 first prize is Aisling Crowe, Loughtagalla, Thurles.

€10,000 Cash Prize Winner: Aisling Crowe, Loughtagalla,Thurles.

€1,000 Cash Prize Winner: Kitty Barry, Clonoulty, Cashel.

€1,000 Cash Prize Winner: Michael Brennan, Killenaule, Thurles.

€1,000 Cash Prize Winner: John Ryan, Beechwood Grove, Thurles.


STUDENT BURSARY 2014

STUDENT BURSARY AWARDS 2014

Congratulations to the winners of our Student Bursary Awards 2014. 8 Students were initially selected in a draw in the presence of a peace commissioner. Then two students were drawn for the Gold Prize of €1,000 each, while the remaining 6 students each received a 'Silver Bursary' to the value of €250. The Student Bursary awards were established to help students from our common bond with the costs of going to third level education for the first time.

The Prize Winners were as follows:

GOLD (€1,000)
Jennie Kennedy, The Rectory, Killenaule 
Ella McLoughney, Liscahill Lodge, Thurles 

SILVER (€250)
Cathal Egan, Cluain Glas, Brittas Road
Shane Dunne, Gortataggart, Brittas Road
Sarah Whelan, Bawnricken, Johnstown, Co Kilkenny  
Grace Walsh, St Marys Road, Killenaule 
Lorna Walsh, Kilbraugh, Coalbrook
Evan Egan, Liosnamban, Kill, Killahara 

ARTFEST

I sometimes think there is nothing so delightful as drawing.

Vincent Van Gogh

(September 2014) The Irish League of Credit Unions and its 469 affiliated credit unions have today launch the annual All Ireland Art Competition. The competition, which is one of the biggest competitions for children and adults alike, has been running for 31 years is open to entrants of all ages.

 

This year’s theme ‘Artfest’ is open to interpretation by each entrant but aims to celebrate the creativity, imagination and vibrancy of Irish people and their communities.

 

The competition, which attracts over 30,000 entries each year, will be run through a network of over 469 credit unions located throughout the island of Ireland and will culminate in the national final which will be held in February 2015 in Croke Park.

 

Speaking about the launch Mandy Johnston, ILCU Head of Communications said: “The All Ireland Credit Union Art Competition continues to celebrate the outstanding talent of people, young and old, across the country. It is so very important to allow budding artists an outlet for artist expression on a national stage. The volume of entries has been increasing year on year and so has the standard of entries. The creativity and diversity of how these artists interpret the theme every year is simply outstanding. I wish everyone who takes part, the very best of luck and we look forward to seeing all of our finalists in Croke Park next year.

 

Dublin based graffiti artist VENTS undertook the artwork on behalf of the credit unions in celebration of the 31st year of the competition. VENTS has always given time to his community, especially aspiring kids who share an interest in art and was delighted to be involved in the project. VENTS honed his skills over the last five years while working under MASER who is now considered one of the finest contemporary artists in the world.

 

How the Competition Works

There are two categories in the 2014 national Art Competition – General and Special. Each category will have the following age groups:

  • 7 years and under
  • 8-10 years
  • 11-13 years
  • 14-17 years
  • 18 years and over

 

The Special Category encourages participants with a physical or intellectual disability to submit entries in free expression without the restriction of the competition’s official theme (should they so wish).

 

Local winners at credit union level in each category go forward to Regional Finals. Winning entries from regional level go through to the National Final. Prizes will be awarded at each stage and a National Awards Ceremony will be held in February 2015 and will be hosted by TV personality Marty Whelan.

 

Entry forms have been distributed to all the local primary and secondary schools. All entries must be submitted to your Thurles Credit Union. Closing Date for entries is 24th October 2014. 


CASH DRAW WINNERS OCTOBER 2014

Thurles Credit Union held its monthly Members’ Cash Draw at Credit Union House, Parnell Street on Saturday 4th October 2014.

 

The draw is computer generated. The lucky winner who won the €10,000 first prize is Catherine & Ken McGovern, Two Mile Borris, Thurles.

€10,000 Cash Prize Winner: Catherine & Ken McGovern, Two Mile Borris,Thurles.

€1,000 Cash Prize Winner: Bill O Shea, The Furze, Thurles.

€1,000 Cash Prize Winner: Patrick & Geraldine Ryan, Midleton, Co Cork.

€1,000 Cash Prize Winner: Marese Skehan, Cabra, Thurles.


MEMBERS CASH DRAW SEPTEMBER 2014

Thurles Credit Union held its monthly Members’ Cash Draw at Credit Union House, Parnell Street on Saturday 6th September 2014.

 

The draw is computer generated. The lucky winner who won the €10,000 first prize is Kathleen Sheedy, Turtulla, Thurles. .

€10,000 Cash Prize Winner: Kathleen Sheedy, Turtulla,Thurles.

€1,000 Cash Prize Winner: Bridget Quirke, Fethard, Thurles.

€1,000 Cash Prize Winner: Maura Norton, Urlingford.

€1,000 Cash Prize Winner: David Ryan, Templemore.


NOTICE

The Thurles Office will close at 3pm on Monday 8th September due to the Tipperary Team Homecoming (Win, Lose or Draw!)

JERSEY COMPETITION



To celebrate Tipperary and Kilkenny's participation in the All Ireland Hurling Final on Sunday, TCU held a draw for 6 Tipperary/Kilkenny Jerseys - 4 in Thurles Office and 1 in Urlingford and 1 in Killenaule offices. The draw was made by Tipp FM's Fran Curry on this mornings live show from TCU.The winners are as follows:

Thurles Office
Philip Egan, Marlstone Manor
Eileen Concagh, Knockroe
Cillian Minogue, Castletown
Peter Murphy, Monadreen

Urlingford Office
Bernadette Kavanagh, Main Street, Urlingford

Killenaule Office
Marie Purtill, Castlequarter, Killenaule

Thurles Credit Union Mid Tipperary Minor A & B Hurling Finals 2014

Minor B
Templetuohy 14:45 Loughmore-Castleiney V JK Brackens
(E.T. if Necessary)
Referee: Sean Everard (Unconfirmed)

Minor A
Templetuohy 16:15 Holycross/Ballycahill V Drom-Inch
(E.T. if Necessary)
Fixture Notes: Drom & Inch to wear Blue jersey with Yellow Trim.
Holycross-Ballycahill to wear White Jersey with Green Trim.
Referee: Kevin Jordan

COST OF THIRD LEVEL EDUCATION STUDY

Cost of Third level Education

79% of parents supporting their children financially through college, contributing €428 per month per child to cover costs of college

Parents are saving for an average of 8 years to put their child (children) through college

72% of family budgets have been adversely affected by the third level registration fee

44% of students now living away from home compared to 32% in 2013, paying average of €346 in rent

51% of students have to work throughout the academic year to find their third level education, working on average 19 hours per week

Parents greatest worry for their child (children) in college is that the wont find a job after they finish their course


Disposable Income

12% of adults say their disposable income has increased year on year

For working adults, disposable income has increased by €12 per month since March 2014

Increase in the number of people able to pay all of their bills every month

46% of Irish adults are likely to save money in a typical month, compared to 38% this time last year (2013)


(13th August 2014) The Irish League of Credit Unions (ILCU) has today published the results of the ‘Cost of Third Level Education’ study and the August round of the ‘What’s Left’ tracker’.

 

The third level education research asked parents about the cost of sending their children to college in Ireland. The results highlight what the impact of sending children to college (in financial terms) has on family spending and budgets as well as the challenges and concerns parents have in relation to finance, grants, living away from home and job prospects. Parents in Ireland are contributing on average €428 per month per child with 64% parents struggling to cover these college related costs.

 

Over the past 12 months the ‘What’s left’ tracker research findings have begun to show the first signs of possible economic recovery. In August 2014, we continue to see small increases in disposable income with working adults seeing an increase of €12 per month in their disposable income since March 2014. The proportion of people who feel that their disposable income was decreasing year on year is now at its lowest point (50%) since the 'What's Left' tracker began in April 2012. 12% of adults feel their disposable income is increasing year on year (this figure has increased to 12% in August from 10% in March 2014).


MEMBERS’ CASH DRAW AUGUST 2014

€10,000 Margaret Ryan Ralph, Millbrook, Abbey Road
€1,000 Patrick Brennan, St Marys Road, Killenaule 
€1,000 Laura Mullaney, Aisling, Windsor Grove 
€1,000 John Norton, Lios Na Shi, Foulkstown, Johnstown. 

Congratulations to all our winners. Members can still join the cash draw by completing an application form in any of our 3 offices.

Credit Union Factsheet


Members Cash Draw July 2014

Thurles Credit Union held its monthly Members’ Cash Draw at Credit Union House, Parnell Street on Saturday 26th July 2014.

 

The draw is computer generated. The lucky winner who won the €10,000 first prize is Ann Graham O Connor, Littleton, Thurles. See Photo Gallery for picture.

€10,000 Cash Prize Winner: Ann Graham O Connor, Littleton,Thurles.

€1,000 Cash Prize Winner: Bridget O Sullivan, Killenaule, Thurles.

€1,000 Cash Prize Winner: Kathleen Flynn, Lisduff, Thurles.

€1,000 Cash Prize Winner: Michelle Maher, Two Mile Borris,Thurles.


WIN €300

As part of our strategic planning process, we are currently surveying our members on the existing and future services provided by Thurles Credit Union. One lucky online survey participant will be selected for the prize of €300. Closing date for entries is 1st August 2014.

To enter Members should complete the survey online by clicking the link below:




Loan Information for Existing & Potential Borrowers

Savings Pattern:Establish a good savings record so as to build up security for your future loans. The credit committee may insist on a higher level of savings for larger loans. Hence, the more you save, the easier it is to borrow for future loans.


Establishing a Loan repayments pattern:It is important as a member to establish a good loan repayment pattern, whereby you make substantial number of repayments off your loan, before reapplying for future loans. The credit committee primarily concentrate their loan decisions on the member’s loan record and their ability to repay (income v expenditure).Therefore, members are encouraged to set their repayments at a realistic level which they can easily afford each week/fortnight/month. Frequent loan applications are an indicator of poor financial discipline and this reduces the probability of a successful loan application.


Flexible repayments – no penalty for paying off your loan early:Members are encouraged to make increased repayments in excess of their agreed repayments, where they can afford to do so. This will result in the loan being repaid early and reduced interest charges to the member as a result.


Prepare for your loan well in advance:Members are advised to plan ahead for their loans. The loans officer is available to assist at all times, to advise members on loan applications.


Credit Control Department:Members who find themselves in difficulties with loan repayments are advised to contact the credit control department at an early stage in order to prevent accumulating large arrears on their loan. The credit control department will endeavour to work out a mutually acceptable alternative arrangement. Failure to address arrears and/or to contact the credit control department may damage the credit rating of the member and reduce the potential for future loans both with Thurles Credit Union and other financial institutions.


Facebook, Twitter & Website:Members can check their account online and use the loan calculator to calculate loan repayments and terms. Our facebook and twitter pages allows our members to keep up to date with all news or developments.


Irish Credit Bureau (ICB):Thurles Credit Union Ltd is a member of the Irish Credit Bureau (ICB). The process enables the credit committee and loan officers to make informed decisions when assessing loan applications. Full disclosure of all financial commitments is encouraged, as failure to do may jeopardise your loan application.


Credit Limits:The Credit Committee may decide to place a credit limit on the maximum loan balance a member can draw down. This limit may be increased or decreased at the discretion of the credit committee based on a member’s loan record, ability to repay and the frequency of loan applications.


Guarantors:Guarantors may be sought by the Credit Committee, whereby a third party acceptable to the credit union (typically a family member) agrees to ‘guarantee’ the loan will be repaid. Should the member fail to repay the loan, there is a legal obligation on the guarantor to repay the loan themselves.


Direct Debit Repayments & Quick Lodge Services:

The Credit Committee recommend, where possible, that members set up a Direct Debit mandate to pay their loan repayments on a weekly, fortnightly or monthly basis. Direct Debits are a hassle free way to make repayments which give members peace of mind. However, for members who prefer to come to our Thurles Office, we have a Quick Lodge service, whereby members can avoid the queues at busy times by completing a Quick Lodge lodgement slip (for savings or loan repayments), put in envelope and post in the Quick Lodge box.Two Month Expiry Date:Members should note that loan approvals now have a two month expiry date from the date of approval. This also applies for loans taken in stages.



      Sweet Deals on Student Loans from Thurles Credit Union

       

      Going to college is an exciting time but it can also be very stressful for both students and parents alike. The increase in the third level registration fees combined with the very significant day to day costs of going to college are forcing many to borrow in order to meet these costs, according to Thurles Credit Union.

      Michael Harty, Business Development Manager in Thurles Credit Union said: “The significant cost of third level education puts phenomenal pressure on both parents and students starting or returning to 3rd level education this year. The student registration fee combined with monthly rent and bills, books and materials, food and day to day expenses are a significant financial burden to many families.”

      Research carried out by the Irish League of Credit Unions in August 2013 has highlighted that strain which both parents and students are experiencing in attempting to finance third level education. A summary of the findings is below:

      · 84% of all parents struggle to cover the cost of third level education.

       · 8 in 10 Irish parents support their child with college related costs by contributing €421 per month.

      · Monthly income continues to be the most common way in which parents fund their child’s third level education - 44% in 2013 compared to 39% in 2011.

       · 42% state that they will dip into savings, 25% say they will use a credit union loan, 6% will use a credit card, 4% will use a bank loan and 2% will use a moneylender.

       · A typical parent who has been saving for their child’s third level education has been doing so for a total of 8 years on average.

       · The biggest worry voiced by over one third of parents of college students is the fear that their child will not be able to get a job after college. Money issues are the second most pronounced worry amongst a third of all parents (increase from 25% in 2011 to 33% in 2013).

       · College students spend €516 each month on daily expenses (excluding rent and bills).

       · 66% of college students have to work to fund their college education.

       · The biggest worries that students have are passing exams (75%), not getting a job (55%) and financial debts (53%).

      Michael Harty added: “We are keenly aware of the huge financial burden which 3rd level education places on students and their families. Thurles Credit Union is available to support both parents and students as they prepare for the academic year. We encourage anyone who is looking to finance their education or who simply want some advice on planning ahead or budgeting to call into their local credit union and speak to a member of staff. Planning ahead where possible is the best way to prepare for these expenses.”

       


      Hamper Competition Winner Announced

      Congratulations to John Tobin, Canal Road, Johnstown, Co Kilkenny who was the winner of the Hamper in our recent Allianz Home Insurance draw. 

      Members Cash Draw June 2014

      Thurles Credit Union held its monthly Members’ Cash Draw at Credit Union House, Parnell Street on Saturday 28th June 2014.

      The draw is computer generated. The lucky winner who won the €10,000 first prize is Tony & Louise Lanigan, Thurles.

      €10,000 Cash Prize Winner: Tony & Louise Lanigan, Monadreen,Thurles.

      €1,000 Cash Prize Winner: Ann Maher, Two Mile Borris, Thurles.

      €1,000 Cash Prize Winner: Dermot & Kath Stapleton, Upperchurch, Thurles.

      €1,000 Cash Prize Winner: Mairead Ryan, Upperchurch, Thurles.


      MEMBERS CASH DRAW 2014/2015

      There are approximately 4,000 members signed up for the cash draw. Last year, there were 12 monthly winners of €10,000 plus a number of other cash prizes each month.

      The entry fee is €40 per year and this has been deducted from members account earlier in June. Members who entered previous cash draws are automatically entered each year. 

      Members can join the cash draw at any time and the cost is proportioned on the number of draws remaining.

      WIN A HAMPER

      Simply fill in an application form and return to our Thurles Office. The Closing date for entries is Saturday 5th July 2014.


      THURLES CREDIT UNION MID MINOR HURLING CHAMPIONSHIPS



      25-06-2014 (Wed)
      Minor A Hurling Round 1

      Littleton 19:30 Moycarkey-Borris V Thurles Sarsfields
      Referee: John Kelly

      Holycross 19:30 Holycross/Ballycahill V Drom-Inch
      Referee: Liam Shanahan

      Minor B Hurling  Group 1 Round 1
      Gortnahoe 19:30 Gortnahoe-Glengoole V JK Brackens
      Referee: Paul Guinan

      Minor B Hurling  Group 2 Round 1
      Castleiney 19:30 Loughmore-Castleiney V Boherlahan-Dualla
      Referee: Kevin Jordan

      26-06-2014 (Thu)
      Minor B Hurling Group 1 Round 1
      Kickham Park 19:30 Thurles Gaels V Clonakenny/Moneygall
      Referee: Andy Murray  

      02-07-2014 (Wed)
      Minor B Hurling  Group 2 Round 1
      Templetuohy 19:30 Moyne-Templetuohy Óg V Upperchurch-Drombane
      Referee: Kevin Jordan 

      STUDENT BURSARY

      LEAVING CERT STUDENTS: Please note that the closing date for entries to our Student Bursary Competition is 1st June 2014. Leaving Cert Students going to third level education in September 2014 should entry ASAP for their chance to win a bursary of €1,000. There will be a few days grace period for late entries so there is time left to pick up an application form in our offices and complete.

      May 2014 Cash Draw Winners

      Thurles Credit Union held its monthly Members’ Cash Draw at Credit Union House, Parnell Street on Saturday 3rd May 2014.

      The draw is computer generated. The lucky winner who won the €10,000 first prize is Patricia Kelly, Leugh, Thurles.

      €10,000 Cash Prize Winner: Patricia Kelly, Leugh, Thurles.

      €1,000 Cash Prize Winner: Nicholas Ryan, Johnstown, Co Kilkenny.

      €1,000 Cash Prize Winner: Shane & Leona Ivors, Drangan, Thurles.

      €500 Cash Prize Winner: Cara O Dwyer, Kilrush,Thurles.


      Easter Week Holidays

      Members please note the following Easter Holidays Opening & Closing Dates & Times:

       

      Thursday 17th April                                       9.30am to 5.00pm

      Friday 18th April (Good Friday)                      CLOSED

      Saturday 19th April                                        9.30am to 5.00pm

      Monday 21st April (Easter Monday)               CLOSED

      Tuesday 22nd April                                        9.30am to 5.00pm


      Members Cash Draw April 2014

      Thurles Credit Union held its monthly Members’ Cash Draw at Credit Union House, Parnell Street on Saturday 5th April 2014.

      The draw is computer generated. The lucky winner who won the €10,000 first prize is Patricia Hogan, Lognafulla, Thurles.

      €10,000 Cash Prize Winner: Patricia Hogan, Lognafulla, Thurles.

      €1,000 Cash Prize Winner: Liam Dunne, Moyneard, Thurles.

      €1,000 Cash Prize Winner: Anne Russell, Hawthorne Drive, Thurles.

      €1,000 Cash Prize Winner: Ieva Kimene, Sli na Siuire, Thurles.


      THURLES CREDIT UNION STUDENT BURSARY 2014

      Thurles Credit Union has announced the launch of its annual Student Bursary Scheme, and is now inviting applications from all eligible Leaving Certificate students to apply for the significant financial bursaries on offer.

      Credit Union President, Amanda Ryan, said that “the Credit Union was very pleased to sponsor the Student Bursary once again” and referred to the excellent response among all the secondary schools in the area to the scheme in 2013. Speaking at the 2014 Launch, Ms. Ryan said “The costs of third-level education have risen considerably in the past few years and we feel that this is an excellent way of easing the burden on hard-pressed parents in these difficult times”. She urged all those students with ambitions to go to third-level college in the next academic year to submit an application.

      Business Development Manager, Michael Harty, said “Thurles Credit Union’s bursary is different from most other similar schemes in that is not based on academic achievements but solely on ‘the luck of the draw’ for all the eligible students”. He stated they are offering bursaries with a total value of €3,500 to applicants from within their Common Bond.

      The Bursary Scheme is open to all eligible leaving certificate students who intend pursuing a full-time third level course for the first time this year. Applicants must have a Thurles postal address and either the student, or a parent or guardian, must be a member of Thurles Credit Union. Leaving Certificate Students who are not members at present, can join Thurles Credit Union and enter the bursary competition. The closing date for entries is 1st June 2014. The Bursaries will be drawn by lottery among all the qualifying entries under the supervision of a peace commissioner.

      Entry forms are currently being distributed to all the secondary schools in the area, and students from Thurles attending schools outside the area can apply to the Credit Union offices in Thurles, Urlingford or Killenaule. For more information phone 0504 91700 or email info@thurlescu.ie


      New FEXCO Click & Collect Service

      The Fexco Click & Collect Service allows you to Order your foreign currency online today and collect at Thurles Credit Union.


      •0% Commission
      •Payment on collection
      •Better rates


      Simply click on the link at Bottom right of our homepage and follow instructions on the next webpage. Remember to select Thurles Credit Union as your collection point.


      March Cash Draw Winners 2014

      Thurles Credit Union held its monthly Members’ Cash Draw at Credit Union House, Parnell Street on Saturday 8th March 2014.

      The draw is computer generated. The lucky winner who won the €10,000 first prize is Dermot Cullen, Clonoulty, Cashel.

      €10,000 Cash Prize Winner: Dermot Cullen, Clonoulty, Cashel.

      €1,000 Cash Prize Winner: Noreen Fahy, Borrisoleigh, Thurles.

      €1,000 Cash Prize Winner: Surjet Kumari, Drombane, Thurles.

      €500 Cash Prize Winner: John Burke, Killenaule, Thurles.


      HOLIDAY LOANS & TRAVEL INSURANCE

      HOLIDAY LOANS & TRAVEL INSURANCE TO FIT ALL SIZES AT THURLES CREDIT UNION LIMITED

      Almost all of us at some stage want (or need!) to get away from it all and go on a holiday break. Be it just for a few days, a week, a fortnight or even a whole month.

      These days we all have to look very closely at what we are spending money on and holidays come under particular scrutiny. However, that special time away from all the daily routines can be just what you need to recharge the batteries and reduce stress.

      No matter why or when you want to take your holiday, Thurles Credit Union Ltd should be your first port of call.

      Thurles Credit Union Ltd was established 53 years ago and is here to try and help you make your holiday a reality. If you need a holiday loan your credit union can help you settle on an amount that is realistic for your circumstances and on a realistic term that won’t mean paying off your annual holiday over many years.

      The great thing about a holiday loan at Thurles Credit Union Ltd is that there are no hidden fees or transaction charges and credit union interest rates are fair and reasonable and are capped by law. Repayments are calculated on your reducing balance, so you pay less interest with each repayment. Your credit union loan is also insured in the event of your death – subject to terms and conditions - at no direct cost to you. Other lenders charge for this. You can pay off your loan early, make additional lump sum repayments or increase your regular repayments all without a penalty.

      Don’t forget to talk to your credit union about some of the great holiday insurance options available to members at great costs. Coveru.ie Holiday Insurance is a website based product. It offers members of Thurles Credit Union Ltd greater accessibility, good value and most importantly excellent cover providing peace of mind when travelling abroad.

      Coveru.ie holiday Insurance is being offered by Thurles Credit Union Ltd in conjunction with AIG Europe and offers comprehensive worldwide travel insurance. Michael Harty, Business Development Manager of Thurles Credit Union said: “We are continuing to look to the future and how we can meet the growing needs and demands of our members. Coveru.ie is an excellent product proposition in terms of cover, options and price to members. If you are spending your hard earned savings on that once in a lifetime trip to Australia or simply taking a weekend break to Europe coveru.ie has a product to suit your needs.

      He continued; There are three levels of cover, Budget, Premier and Premier Plus to choose from, designed to provide affordable travel insurance cover for all budgets. An additional discount is also offered to those taking out travel insurance if they already have Private Health Insurance. If you would like more information about coveru.ie please call into the credit union or check out the coveru.ie website for policy information and terms & conditions. If you're not already a member, why not pop into us and join us for the many great benefits of credit union membership.”

      Speaking about their holiday loan Michael Harty said:

      “The two most important things about a loan are being able to borrow money and pay it back. We always encourage members to manage money carefully by structuring loans around needs and ability to repay. Thurles Credit Union Ltd is delighted to speak to you about your needs when you are planning your holiday requirements.”

      *Cost of Finance
      For a €1,000.00 loan, 1 year variable interest rate loan, with monthly repayments of €88.83, at an APR of 12.68 %; the total amount payable by the member will be €1,065.42

      Coveru.ie is underwritten by AIG Europe Limited. For over 30 years AIG Europe Limited, Ireland Branch has been offering innovative products and services, including insurance products to more than half of the country's top 100 companies as well as many public and private sector organisations and tens of thousands of individuals.

      For more information please contact Thurles Credit Union Ltd, Parnell Street, Thurles. Telephone 0504 91700, Website:-www.thurlescu.ie Email address:- info@thurlescu.ie


      February Cash Draw 2014

      Thurles Credit Union held its monthly Members’ Cash Draw at Credit Union House, Parnell Street on Saturday 8th February 2014.

      The draw is computer generated. The lucky winner who won the €10,000 first prize is William Sweeney, Churchview, Littleton, Thurles.

      €10,000 Cash Prize Winner: William Sweeney, Churchview, Littleton, Thurles.

      €1,000 Cash Prize Winner: Kathleen Long, Togher Road, Urlingford, Co Kilkenny.

      €1,000 Cash Prize Winner: James & Aileen Dunne, Abbey Road, Thurles.

      €500 Cash Prize Winner: Mary Ryan, Gortnahoe Village, Via Thurles, Co Tipperary.


      Moycarkey NS & Scoil Ailbhe capture CU Quiz Titles

      Moycarkey NS secured the Thurles Credit Union Quiz U13 title, while Scoil Ailbhe U11 prevailed in the U11 age category before a packed house in the Premier Hall on Friday 31st January. See Facebook or Twitter for more.

      Credit Union Primary Schools Quiz 2014

      Thurles Credit Union Primary Schools Quiz takes place tonight in the Premier Hall, Thurles at 7.30pm. Scoil Ailbhe will be aiming to defend their U11 & U13 titles from 2013 but with 34 teams registered, the competition will be strong! Best of Luck to all teams involved.

      Credit Union Poster Competition 2013

      Well done to all who entered Thurles Credit Union's annual Poster Competition in 2013. Thank you for all your hard work in making this such a success.  Pictured below are are winners.

       


      Irish League of Credit Union Launch Results December 2013

      IRISH LEAGUE OF CREDIT UNIONS LAUNCH RESULTS OF DECEMBER 2013 ‘WHAT’S LEFT’ TRACKER

       Disposable Income

      13% say their disposable income has increased since December 2012

      Disposable income has increased by an average of €49 since 2012

      Credit Card Debt

      76% of people in Ireland have a credit card, of these, 70% (or 1.8 million people) currently owe money on their card

      31% depend on their credit card to make ends meet each month

      30% credit card owners are falling behind on their credit card bills (decrease from 39% in December 2012)

      Average amount owed on a credit card is €2,480, an increase from €2,400 in December 2012

      Average amount spent on credit card each month is €470

      Only 45% of credit card holders know what interest rate they are paying (fall from 54% in 2012)

      4% have had a credit card revoked in 2013

       

      Property Tax: 4 in 10 homeowners will have to forego spending in other areas like clothing & footwear and groceries to pay the 2014 property tax

      Savings: Increase in those who are able to save every month (44% in December 2013 v 31% in December 2012)

      Essential Bills: 32% have put off paying their essential bills on time, a drop from 38% in September 2013

       

      (January 2014) The Irish League of Credit Unions (ILCU) has today published the final ‘What’s Left’ tracker ‘of 2013. The research, which has been running since the April 2011, now enters its fourth year.

       

      Since its inception in 2011, the tracker has followed how ordinary people around the country have been impacted by austerity and recession and through the research, we have seen the huge impact the shift in the economy has had on family finances, resulting for some, in a day to day struggle to make ends meet.

       

      Over the past six months the tracker research has revealed more positivity among the population and in terms of personal finances we are perhaps seeing the beginning of recovery or maybe simply that people, having adapted to the prevailing economic conditions, are more able to manage their money and pay their bills. We hope that 2014 continues to show this positivity.

       

      For the final time, the ILCU have enlisted the help of three independent financial experts who have on this occasion written about managing your money in 2014; offering tips and practical advice for the year ahead on the Fix your Finances website – www.fixyourfinances.ie.

       

      December 2013 ‘What’s Left’ Tracker Findings

       

      Disposable Income

      The research results for the last quarter of 2013 continue to show signs of stabilisation. This improving trend is most evident amongst those currently in employment where there has been the strongest growth in increased disposable income.

       

      1.664 million people have €100 or less left at the end of the month once all the bills are paid, a decrease of 131,000 on the September 2013 figure of 1.795 million.

       

      1.098 million people have €50 or less left at the end of the month once all the bills are paid, this represents a decrease on the September 2013 figure of 1.208 million.

       

      480,000 have nothing left at the end of the month a drop of 38,000 since September 2013.

       

      These figures would indicate that more people are moving out of the lower disposable income categories and into the higher categories, indicating a gradual recovery in family finances.

      Disposable Income – All Adults

      Disposable income across the population has increased by €10 (€172 to €182) since September 2013. Overall this indicates an increase of €49 from December 2012 (€133)

       

      Disposable Income – Working Adults

      For working adults, disposable income has also increased by €12 (from €105 to 217) since September 2013 and by €56 from December 2012 (€161 to €217)

       

      Disposable Income:

      All Adults 3.453m (Dec 2013)

      Working Adults 1.78m (Dec 2013)

      None

      14% (480k)

      10% (174k)

      <€20

      4% (152k)

      3% (59k)

      €21-€50

      13% (466k)

      10% (180k)

      €51-€100

      16% (566k)

      15% (274k)

      €101-€150

      11% (363k)

      12% (203k)

      €151-€200

      10% (328k)

      13% (221k)

      €201-€250

      5% (166k)

      4% (75k)

      €251-€300

      4% (124k)

      4% (69k)

      €301-€350

      2% (79k)

      3% (46k)

      €351-€400

      3% (93k)

      3% (59k)

      €401-€500

      4% (135k)

      5% (94k)

      €500+

      14% (501k)

      18% (326k)

      AVG (per person):

      €182 | €172 | €163 |€133 | €165 | €168 | €178

      €217 | €205 | €188 | €161 | €194 | €200 | €208

       

      Net Monthly Income and Expenditure

      Average net income for a household in Ireland is €2,707 per month, up from €2,604 in September 2013. In terms of disposable income, an average family household is left with €367 at the end of a typical month, an increase from €326 in September 2013.

       

      Breakdown of average family spend in categories

      Household / Utilities:

      Dec 2013 | Sept 2013 | May 2013

      MONTHLY HOUSEHOLD SPEND

      Dec 13 | Sept 13 | May 13

      1. Mortgage (50% | 48% | 51% pay)

      €806 | €817 | €846

      2. Rent (29% | 31% | 26% pay)

      €525 | €458 | €464

      3. Electricity (98% | 99% | 98% pay)

      €82 | €84 | €90

      4. Gas (52% | 50% | 50% pay)

      €73 | €66 | €79

      5. Oil (37% | 40% | 41% pay)

      €75 | €88 | €92

      6. Bin charges (77% | 79% | 78% pay)

      €24 | €26 | €23

      7. Other heating options (33% | 30% | 32% pay)

      €53 | €49 | €60

      Total Household / Utility Bills:

       

       

      Telecoms / Home Entertainment:

      12/2013 | 8/2013 | 4/2013

      MONTHLY HOUSEHOLD SPEND

      Dec 13 | Sept 13 | May 13

      1. Mobile phone (97% | 97% | 97% pay)

      €34 | €36 | €34

      2. UPC/Sky/Satellite TV (67% | 69% | 69% pay)

      €45 | €44 | €44

      3. Internet (77% | 77% | 77% pay)

      €29 | €25 | €27

      4. Landline (58% | 58% | 57% pay)

      €37 | €33| €37

      5. Music Downloads (21% | 20% | 17% pay)

      €17 | €32 | €20

      6. DVD Rentals (15% | 14% | 15% pay)

      €16 | €15 | €9

      Total Telco / Home Entertainment Bills:

       

      Loans / Insurance / Pension:

      12/2013 | 8/2013 | 4/2013

      MONTHLY SPEND

      Dec 13 | Sept 13 | May 13

      1. Credit Card Payments (61% | 61% | 60% pay)

      €282 | €268 | €296

      2. Health Insurance (51% | 51% | 54% pay)

      €168 | €137 | €144

      3. Personal Loan Repayments (34% | 41% | 42% pay)

      €238 | €262 | €250

      4. Pension Contribution (41% | 37% | 40% pay)

      €163 | €168 | €172

      5. Car Insurance (87% | 84% | 85% pay)

      €54| €62 | €54

      6. Home Insurance (72% | 70% | 71% pay)

      €47 | €47 | €48

      7. Life Insurance (53% | 50% | 52% pay)

      €58 | €59 | €64

      8. Pet Insurance (6% | 8% | 10% pay)

      €36 | €37 | €17

      Total Loans / Insurance / Pension:

       

      Groceries / Food / Going Out:

      12/2013 | 8/2013 | 4/2013

      MONTHLY SPEND
      Dec 13 | Sept 13 | May 13

      1. Groceries (98% | 98% | 98% pay)

      €355 | €338 | €337

      2. Take-Away / Eating out (78% | 72% | 74% pay)

      €60 | €51 | €54

      3. Nights Out (53% | 51% | 52% pay)

      €74 | €72 | €63

      4. Lunch at work/school (57% | 57% | 54% pay)

      €61 | €54 | €56

      5. Alcohol at Home (69% | 68% | 68% pay)

      €44 | €38 | €39

      Total Groceries / Going Out:

       

      Child Related Expenses:

      12/2013 | 8/2013 | 4/2013

      MONTHLY SPEND
      Dec 13 | Sept 13 | May 13

      1. Third level education costs (15% | 15% | 14% pay)

      €288 | €249 | €250

      2. Childcare (11% | 10% | 11% pay)

      €349 | €285 | €399

      3. Extra-curricular activities (30% | 31% | 31% pay)

      €71 | €61 | €69

      4. School related costs (28% | 31% | 27% pay)

      €52 | €87 | €101

      5. Kids Pocket money (24% | 25% | 25% pay)

      €55 | €71 | €52

      Child Related Expenses:

       

      Transport Expenses:

      12/2013 | 8/2013 | 4/2013

      MONTHLY SPEND
      Dec 13 | Sept 13 | May 13

      1. Petrol / Diesel (88% | 87% | 88% pay)

      €141| €144 | €155

      2. Car tax (86% | 85% | 86% pay)

      €64| €68 | €61

      3. Public transport (39% | 35% | 34% pay)

      €57| €46 | €48

      Transport Expenses:

       

       

      Personal Expenses:

      12/2013 | 8/2013 | 4/2013

      MONTHLY SPEND
      Dec 13 | Sept 13 | May 13

      1. Clothes / Footwear (89% | 88% | 86% pay)

      €57| €58 | €54

      2. Other expenses (27% | 28% | 25% pay)

      €115| €100 | €109

      3. Cigarettes (25% | 21% | 21% pay)

      €128| €122 | €122

      4. Beauty and cosmetics (23% | 72% | 71% pay)

      €30 | €27 | €25

      5. Sports / Club Membership (30% | 25% | 27% pay)

      €49| €46 | €44

      Personal Expenses:

       

      Essential Bills

      One third of people put off paying their essential bills on time each month. 99% have to sacrifice spending in other areas to pay their bills. Of non essential items – clothing and footwear (68%), health insurance (38%) and food (28%) are the most sacrificed items.

       

      A number of changes have taken place in the monthly essential bill categories in the period between September 2013 and December 2013. Household and utility bills increased from an average of €719 monthly in September 2013 to €740 in December 2013. Rent bills in particular in this category have seen the biggest increase by an average of €67 between September and December 2013.

       

      In other categories, health insurance payments have increased by an average of €31, groceries by €17, childcare costs by €64 and public transport costs by €11.

       

      Credit Cards

      76% of people (2.624 million) have a credit card. This is slightly more than the 2012 figure of 74%. 31% of this group depend on their credit card to make ends meet each month, this is an increase on the 25% recorded in 2012.

       

      3 in 10 credit card owners do not pay their bill in full each month, a decrease from 39% in 2012. In addition, 23% say that from time to time they do not pay any money on their credit card bill at all. This is a drop from 28% in 2012.

       

      Credit Card Payments

      Dec 2013

      Sept 2012

      Yes, I pay my credit card in full each month

      70%

      61%

      No, I can only make the minimum payment each month

      18%

      34%

      No, I cannot afford my CC repayments at the moment

      11%

      3%

      No, I cannot afford to make any payment at all on my CC

      1%

      2%

       

      70% of people currently owe money on their credit card, this is an increase from 63% in 2012. The average amount owed on credit cards is €2,480 (slight increase from 2012 figure of €2,400). On average €470 is spent by credit card holders on a monthly basis.

       

      55% of credit card holders do not know what interest rate is charged on their card, down from 54% in 2012.

       

      Almost 30% felt they were more dependent on their credit card throughout 2013 than in 2012, 56% ranked their dependency as the same as 2012 and 17% they were less dependent on their credit card. 4% had their card revoked by their provider in 2013.

      Saving

      44% of adults are now likely to be able to save money each month. This represents an increase on the 2012 figure of 31%. The average amount of money being saved is estimated at €175 which is lower than the September 2013 figure of €187. However, this figure could be impacted by use of savings to pay for Christmas.

       

      Saving Each Month:

      6/11

      9/11

      12/11

      3/12

      6/12

      9/12

      12/12

      4/13

      8/13

      12/13

      <€50

      19%

      14%

      12%

      13%

      14%

      9%

      20%

      23%

      16%

      21%

      €51-€100

      15%

      13%

      18%

      18%

      16%

      19%

      14%

      15%

      16%

      18%

      €101-€150

      10%

      10%

      14%

      14%

      9%

      11%

      12%

      14%

      13%

      10%

      €151-€200

      9%

      11%

      11%

      9%

      16%

      18%

      14%

      12%

      11%

      12%

      €201-€250

      8%

      11%

      9%

      9%

      6%

      7%

      10%

      7%

      10%

      11%

      €251-€300

      7%

      6%

      9%

      7%

      11%

      8%

      6%

      5%

      6%

      3%

      €301+

      32%

      35%

      27%

      30%

      27%

      29%

      24%

      24%

      28%

      25%

      Average:

      €195

      €210

      €192

      €197

      €195

      €200

      €180

      €170

      €187

      €175

       

      Property Tax

      3 in 10 property owners had paid the property tax by 15th December 2013.

       

      Preferred Method of Payment

       

      Method of Payment

      Paid Tax

      Haven’t paid

      TOTAL

      Visa/Debit Card

      41%

      7%

      18%

      Direct Debit Instalments

      23%

      35%

      31%

      Single Direct Debit Payment

      22%

      28%

      26%

      Deduction from Salary / Pension

      8%

      16%

      14%

      Cheque / Postal Order

      6%

      5%

      5

      Approved payment provider (i.e. An Post)

      0%

      9%

      6%

       

      4 in 10 homeowners have to sacrifice spending in other areas of the household budget to the 2014 property tax. The tax is likely to have an adverse impact on spending on essential items like clothing and footwear, household bills and credit card / personal loan repayment.

       

      Items Sacrificed / Likely to be Sacrificed

      Paid

      Haven’t Paid

      TOTAL

      1. Socialising (alcohol, cigs, nights out, cinema, etc.)

      61%

      65%

      64%

      2. Clothing / footwear

      61%

      52%

      55%

      3. Groceries

      42%

      38%

      39%

      4. I had to / will have to delay paying my household bills

      14%

      24%

      21%

      5. I had to / will have to delay repaying my CC / personal loan

      16%

      20%

      19%

      6. Car related costs – petrol, diesel, NCT

      18%

      17%

      18%

      7. Kids hobbies / activities

      28%

      14%

      18%

      8. Health insurance payment

      13%

      14%

      14%

      9. I will have to delay paying my mortgage

      5%

      5%

      5%

      10. Car insurance payment

      2%

      5%

      4%

       

      The vast majority of homeowners fear a rise in the property tax (97%) in the coming years. 3 in 10 are aware of other property owners deliberately undervaluing their property in order to pay less tax. 6 in 10 felt that the valuation they received for the 2014 tax was on par with their expectations

      Speaking about the December 2013 tracker findings ILCU CEO Kieron Brennan said: “The gradual signs of recovery are prevalent again in this round of the research. We can see that disposable income is continuing the creep upwards and more people now find themselves in a position where they are able to put a small bit away in savings every month and this certainly correlates to what we are seeing across the credit union movement and what our credit unions are telling us”

       

      He continued: “However, despite this, people continue to struggle and a significant proportion of the population are struggling to pay household bills on time every month. The impact of Christmas and Winter will have an impact on family finances and it will be interesting to see if this is borne out in the next wave of research. Credit card debt is also something that many of us are struggling with. With average credit card debt in Ireland currently standing at approximately €2,400, the research shows us that more and more people are relying on their credit card to make ends meet every month.

       

      As always, we encourage people who find themselves in financial difficulty to visit their local credit union where they can receive advice about budgeting and planning their household finances for the year ahead.”

       


      THURLES CREDIT UNION TO OFFER NEW HOLIDAY INSURANCE PRODUCT

      Coveru.ie Holiday Insurance is a website based product. It will offer members of Thurles Credit Union greater accessibility, better value and most importantly excellent cover providing peace of mind when travelling abroad.

      Coveru.ie holiday Insurance which is being offered by Thurles Credit Union in conjunction with AIG Europe, offers comprehensive worldwide travel insurance, available on an individual, couple, group or family basis. Apart from offering great value, other advantages of coveru.ie holiday insurance include:

      • Single Trip, Annual Multi Trip and Extended Stay options available
      • Choice of 3 levels of cover to suit all budgets (Budget, Premier & Premier Plus)
      • Up to 4 children (under 18 years of age) go FREE on a family policy
      • Medical and Emergency Assistance cover when abroad
      • Trip cancellation and baggage cover included
      • Additional add on options to tailor cover to suit travel needs
      • Online quotes for those aged up to 79 years of age and over the phone for those aged 80 and over

      · Those with private health insurance with VHI, Aviva or Laya Healthcare get an extra 25% discount

      The coveru.ie website utilises the latest technology offering secure and efficient payment processing. Payments can be made by debit or credit card (Laser, Visa Debit, Visa Credit or Mastercard). The website will give a fast and secure online quotation and purchase in minutes. Cover can also be purchased over the phone via a free phone number 1800 344 455.

      Additional options can be added to the policy for an additional premium. For example Golf, Volcanic Ash and Natural Catastrophe Cover, Wedding, Ski or winter sports, Business Trip and Backpacker cover. Backpacker cover is available on the Extended Stay travel insurance product for trips of up to 12 months in duration for those aged 18- 35 years of age.

      Michael Harty, Business Development Manager of Thurles Credit Union said: “Thurles Credit Union is continuing to look to the future and how it can meet the growing needs and demands of our members. Coveru.ie is an excellent product proposition in terms of cover, options and price to members. If you are spending your hard earned savings on that once in a lifetime trip to Australia or simply taking a weekend break to Europe coveru.ie has a product to suit your needs.

       

      He continued; There are three levels of cover, Budget, Premier and Premier Plus to choose from, designed to provide affordable travel insurance cover for all budgets. An additional discount is also offered to those taking out travel insurance if they already have Private Health Insurance. If you would like more information about coveru.ie please check out the coveru.ie website for policy information and terms & conditions. If you're not already a member, why not pop into us and join us for the many great benefits of credit union membership.”

       


      January 2014 Cash Draw Winners

      Thurles Credit Union held its monthly Members’ Cash Draw at Credit Union House, Parnell Street on Saturday 11th January 2014.

      The draw is computer generated. The lucky winner who won the €10,000 first prize is Kathleen O Meara, Bohernamona Road, Thurles.

      €10,000 Cash Prize Winner: Kathleen O Meara, Bohernamona Road, Thurles.

      €1,000 Cash Prize Winner: Emma Gleeson, Killinan,Thurles.

      €1,000 Cash Prize Winner: Linda Bryan, Littleton, Thurles.

      €1,000 Cash Prize Winner: William & Mary Treacy, Two Mile Borris, Thurles.

       


      Merry Christmas and a Happy New Year

      Thurles Credit Union would like to wish all our members a very Merry Christmas and a Peaceful and Prosperous New Year.

      Christmas Opening Hours

      THURLES OFFICE

      Saturday 21st December                                       9.30 a.m. - 5.00 p.m.

      Monday 23rd December                                         9.30 a.m. – 5.00 p.m.

      Tuesday 24th December                                        Closed

      Wednesday 25th December                                   Closed

      Thursday 26th December                                       Closed

      Friday 27th December                                            Closed

      Saturday 28th December                                       Closed

      Monday 30th December                                          9.45 p.m. - 5.00 p.m.

      Tuesday 31st December                                         9.30 a.m. – 3.00 p.m.

      Thursday 2nd January                                             9.30 a.m. - 5.00 p.m.

       

       

      Urlingford and Killenaule offices

      Saturday 21st December                                       10.00 a.m. - 2.00 p.m.

      Monday 23rd December                                         Closed

      Tuesday 24th December                                        Closed

      Wednesday 25th December                                   Closed

      Thursday 26th December                                       Closed

      Friday 27th December                                            Closed

      Saturday 28th December                                        Closed

      Monday 30th December                                          Closed

      Tuesday 31st January                                             Closed

      Wednesday 1st January                                          Closed

      Thursday 2nd January                                             10.00 a.m. - 2.00 p.m.


      December Cash Draw 2013

      Thurles Credit Union held its monthly Members’ Cash Draw at Credit Union House, Parnell Street on Saturday 7th December 2013.

      The draw is computer generated. The lucky winner who won the €10,000 first prize is Mary Flynn, Fianna Road, Thurles.

      €10,000 Cash Prize Winner: Mary Flynn, Fianna Road, Thurles.

      €1,000 Cash Prize Winner: Jess Codd, Mitchel Street,Thurles.

      €1,000 Cash Prize Winner: Jane O Brien, Mitchel Street, Thurles.

      €1,000 Cash Prize Winner: Dolores Purcell, Athnid, Thurles.

      €1,000 Cash Prize Winner: Edward Cooke, Croke Street, Thurles.


      CEO Statement

      The recent announcement relating to Newbridge Credit Union has no bearing on the performance of Thurles Credit Union. Speaking to “The Tipperary Star” Donal Scannell, C.E.O., said that every credit union is financially independent of all other credit unions.

       

      Thurles Credit Union is in a very sound financial position and the annual accounts have recently been ratified by the Central Bank as meeting the current strict regulations and approval was given for the A.G.M. on December 4th next.

       

      Mr. Scannell said he was confident that the members would be pleased at the year’s work to be reported at that meeting but, in the meantime, his message was that “Your money is safe with Thurles Credit Union. We have a professional management and staff who will be only too happy to answer any queries you may have now or in the future.”


      Online Banking

      Online Banking

       
      Introduction:

      On Thursday 17th October 2013, the online banking services on our website (www.thurlescu.ie) were upgraded. As a result, members now have 24 hour access to their credit union accounts. A range of new services are now available to our members online, such as Inter Account Transfers (between CU accounts e.g. Regular, Current, Loan, Debit Card Service), External Account Transfers (Other Financial Institutions e.g. AIB, BOI, UB etc.) and Bill Payment (Utilities etc.).

       

      Registration in 3 Easy Steps:

      1. Click the ‘Register for Access’ on the homepage of www.thurlescu.ie

      2. Complete all the details on the online form.

      3. Click the ‘Submit Form’ button when complete.

      Once submitted, a member of staff will contact you to confirm details and soon after you will receive a PIN in the post.

       

      Restrictions for Online Banking Transactions:

      1. Joint Accounts – Both Signatures required for withdrawals

      · Joint Account holders who have opted for ‘Both to sign’ for withdrawals, will NOT be allowed to process transactions online. However, they will be able to register for a pin, to enter the member area where they can continue to view their account online and make online loan applications etc.

       

      · Please note that Joint Account holders who have opted for ‘Either to sign’ for withdrawals, can make online banking transactions without the above restriction.

      2. Under 16 Juvenile Members – Transactions Not Allowed.

       

      Troubleshooting:

      · Older Web Browser versions

      Online Banking is fully compatible with all new versions of web browsers such as Firefox, Internet Explorer, Google Chrome etc. However, older versions of web browsers may not be compatible with Online Banking. If you experience a problem with one browser, you should try a different web browser which is compatible with Online Banking or update your existing browser. Simply click on the appropriate hyperlinks above to update your browser. 


      November 2013 Cash Draw Winners

      Thurles Credit Union held its monthly Members’ Cash Draw at Credit Union House, Parnell Street on Saturday 2 November 2013.

      The draw was conducted by the directors of TCU. The lucky winner who won the €10,000 first prize is John Brophy, Rosemount, Thurles.

      €10,000 Cash Prize Winner: John Brophy, Rosemount, Thurles.

      €1,000 Cash Prize Winner: Elaine O Dwyer, Ma Teine, Templemore.

      €1,000 Cash Prize Winner: Hilary & Sean Heading, Cabra, Thurles.

      €1,000 Cash Prize Winner: Tanya & James Embleton,Upperchurch, Thurles.

      €1,000 Cash Prize Winner: William & Kathleen Leamy, Drombane, Thurles.


      Credit Union Promotion on Tipp FM

      Credit Union Promotion on Tipp FM

      The Credit Unions of Tipperary ran a promotion on the Tipp FM Radio Breakfast show in the month of September. Grainne Molony from Thurles was one of the 4 IPAD winners.

       

       

       


      Student Bursary Awards 2013

      Thurles Credit Union are please to annouce the Student Bursary Winners for 2013:

      Pictured with Thurles Credit Union Limited Chairman D J D’arcy are Mary Troy and Cora Doyle Gold Winners of €1,000.00 Bursary Award.

      Pictured above are all our Bursary Winners:- Gold Prize Winners Cora Doyle (Ursuline Convent Thurles), Mary Troy (Presentation Convent Thurles)  and Silver Prize Winners:- Ronan Maher (CBS Thurles), James McCormack (Colaiste Mhuire Co Ed Thurles), Jessica Ryan (Scoil Ruain Killenaule), Keith Hickey (Presentation Secondary School Ballingarry), Thomas Ryan (St Joseph’s College Borrisoleigh.

      Thurles Credit Union Ltd would like to thank all the secondary school principals for their cooperation in the administration of the scheme and look forward to a very positive response from next years leaving Certs. We wish our Bursary Winners and all their fellow graduates good wishes for the future.


      OCTOBER 2013 CASH DRAW WINNERS

      Thurles Credit Union held its monthly Members’ Cash Draw at Credit Union House, Parnell Street on Saturday 5 October 2013.

      The draw was conducted by the directors of TCU. The lucky winner who won the €10,000 first prize is Enda Wash, Bouladuff, Thurles.

      €10,000 Cash Prize Winner: Enda Walsh, Bouladuff, Thurles.

      €1,000 Cash Prize Winner: Edel Hickey, Moyne, Thurles.

      €1,000 Cash Prize Winner: Theresa Crowe, Beakstown, Thurles.

      €1,000 Cash Prize Winner: Rowena Cleere, Urlingford, Co Kilkenny.

      €1,000 Cash Prize Winner: Liam Skehan, Cabra,Thurles.


      ’WHAT’S LEFT’ TRACKER OF 2013

      SECOND IRISH LEAGUE OF CREDIT UNIONS ’WHAT’S LEFT’ TRACKER OF 2013

       

      DISPOSABLE INCOME INCREASES SLIGHTLY SINCE MAY 2013

       

       

      THOSE PEOPLE WITH NO INCOME LEFT AFTER ESSENTIAL BILLS ARE PAID HAS DROPPED BY 24,200 SINCE MAY 2013.

       

      1.8 MILLION HAVE JUST €100 OR LESS DISPOSABLE INCOME LEFT PER MONTH ONCE ESSENTIAL BILLS HAVE BEEN PAID

       

       

      50% HAVE SWITCHED INSURANCE PROVIDER IN THE PAST 12 MONTHS

       

      ON RECEIVING A RENEWAL NOTICE, 7 IN 10 SHOP AROUND FOR CHEAPER INSURANCE QUOTES

       

      CAR, HEALTH AND HOME INSURANCE CONSIDERED MOST IMPORTANT INSURANCE PRODUCTS BY IRISH PUBLIC

       

      ALMOST 4 IN 10 SAY THEY ARE NOW SAVING ON A MONTHLY BASIS

       

      AVERAGE AMOUNT HAS INCREASED SINCE MAY 2013 TO €187

       

       

      52% BELIEVE PRE PAID ELECTRICITY SERVICES ARE GOING TO BE MORE EXPENSIVE TO USE

       

      44% BELIEVE PRE PAID ELECTRICTY WILL GIVE THEM MORE CONTROL OVER THEIR USAGE

       

      8% HAVE ALREADY SWITCHED TO PRE PAID ELECTRICITY

       

      20% OF THOSE WHO HAVE ALREADY SWITCHED TO PRE-PAID ELECTRICITY BELIEVE IT IS MORE EXPENSIVE

       

       

      FIX YOUR FINANCES

       

      This year, three new contributors John Lowe, Karl Deeter and Frank Conway have joined the Fix your Finance project.

      With every tracker, each contributor will take on a personal finance issue and offer advice, guidance and practical tips through the www.fixyourfinances.ie website. The website will also include REAL LIFE conversations where people tell us their own words how their income is being impacted

       


      Credit Union Poster Competition 2013

      THURLES CREDIT UNION LAUNCHES THE 2013 CREDIT UNION ART COMPETITION

      All budding local artists are invited to submit entries for this year’s Credit Union National Art Competition which has been launched by Thurles Credit Union Ltd, illustrating the theme ’Gotta Lotta Colour’.

      Now in its 30th year, the competition attracts up to 50,000 entries through 300 credit unions nationwide and caters for all ages, with categories ranging from under 7 to over 18 years. There is also a Special Category for those with physical or intellectual disabilities.

      Thurles Credit Union is inviting anybody with an interest in art to enter the local competition. Entry forms have been distributed to all local primary and secondary schools. Closing date for entry is Friday 1st November 2013

      Winners, runners up and merit award winners at local level go on to represent the credit union at regional level and if successful, at national level. Local winners will receive their prizes at a local prize giving ceremony and their artwork will be displayed as part of an art exhibition in Thurles Credit Union.

      Michael Harty from Thurles Credit Union said “following on from the great success of last year’s competition we want to encourage and reward self expression, creativity and imagination amongst all artists young and old throughout our community, so let’s go and get creative! Thurles Credit Union are delighted that a large number of our representatives have gone to success at the regional and national levels in recent years.


      THURLES CREDIT UNION SUPPORTING OUR LOCAL COMMUNITY

      THURLES CREDIT UNION SUPPORTING OUR LOCAL COMMUNITY: Pictured at the presentation of a contribution by Thurles Credit Union to Littleton Development Association towards the construction of the new Sports Centre in Littleton are (l-r): Sean Ryan (Secretary), JJ O’ Sullivan (Chairman), DJ Darcy (TCU President), Cllr Seamus Hanafin and Donal Scannell (TCU CEO).



      SOCIAL RESPONSIBILITY PROGRAMME

      As part of our social responsibility programme, Thurles Credit Union have sponsored a number of local charities/organisations in the run to Christmas.  Suir Haven Cancer Support Centre (Thurles) was one of the groups to benefit.  Pictured at presentation of the sponsorship are Donal Scannell (CEO) and Anna Ryan (Director of Services in Suir Haven).


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      Thurles Credit Union Tel: 0504 91700 Fax: 0504 21557 Email: info@thurlescu.ie Web: http://www.thurlescu.ie
      Regulated by the Central Bank of Ireland. Reg. No. 192 CU