How long do I have to be a member before I can borrow?
There is no strict time limit on being a member to apply for a loan. Once a loan application has been made, you should normally receive a response within 3 days. Most loans that are applied for are paid out on the spot (subject to certain criteria).
Who runs the Credit Union?
A voluntary board of directors govern the credit union. These directors are elected by the members at the Annual General Meeting. Professional staff run the credit union operations.
Who can borrow from Tullamore Credit Union?
Only members are eligible to apply for loans with Tullamore Credit Union.
Who owns the Credit Union?
The members own the credit union, which is a non-profit organisation.
Who can join Tullamore Credit Union?
Any person living or working in our common bond area can join the credit union. If you are unsure whether you are eligible to join, please contact our office.
What is a credit union?
A financial co-operative owned and controlled by its members.
How do I apply for a loan?
You can apply for a loan in 5 different ways. Click below for more details. Read More
How much can I borrow?
In general, there are no strict amounts a member can apply for as each application is assessed on its own merit and on the ability of the member to repay the loan in full. The maximum loan amount without requiring extra security is €35,000. (Extra security is usually a legal charge over deeds)