TERMONMAGUIRK CREDIT UNION LTD.

SCHOOL SAVINGS

We are delighted to inform you that the Credit Union school savings will recommence in September 2023.

What is Credit Union School Savings?

The School Savings Scheme is organised by the Credit Union and encourages children to save as much or as little as they want. Children will be able to pay money into their account every week on a Thursday, which we will collect and return to the school, and they will be issued with their own membership card and savings folder. Our school savings offers an excellent opportunity for pupils to save each week at school. We hope to combine financial education, family engagement and promote partnership working within the community to help teach children from an early age the value of saving while learning valuable money management and life skills.

What is a Credit Union?

Termonmaguirk Credit Union is a non-profit financial co-operative – which means we are owned and controlled by our members. The school savings have been very successful in previous years throughout the Termonmaguirc Parish and we would like to get the service for our junior members in your school up and running again.

What do I need to do next?

To open an account for a child (under 16) we require the parent/guardian proof of address (e.g.utility bill, bank statement, Government/Hospital letter dated within the last 3 months) and a copy of the child’s birth certificate. We will open the account, return the membership forms for signing and after all paperwork has been returned your child can commence saving. We look forward to welcoming new savers and re-connecting with those who have saved with us previously. We wish you all a wonderful school year ahead and look forward to receiving your entries for the Art competition and catching up at the Schools Quiz later in the year.

Tel: 028 8076 1507                                                     e-mail: e.curran@tmcu.net