25 March 2026
One Community: Transfer of Engagements
Comhar Linn INTO Credit Union, Education Credit Union and TUI Credit Union
Transfer of Engagements: Advancing Discussions for a Unified Education Credit Union
We are pleased to inform you that the Board of Directors have been advancing discussions with Comhar Linn INTO Credit Union, Education Credit Union (formally ASTI Credit Union) and TUI (Teacher’s Union of Ireland) Credit Union in relation to combining our resources to form a new, unified credit union for the Education community.
These exploratory discussions have progressed positively and are now at an advanced stage, with continued momentum as we work collaboratively towards a single, stronger financial cooperative proudly dedicated to serving the entire education sector across Ireland, from primary, post-primary, third level and support staff.
This proposal stems from a position of strength. All three credit unions are financially robust, share the same member-focused ethos, cooperative values, and commitment to excellence in service. The proposed merger represents a proactive, strategic step to ensure we remain resilient and well-positioned to meet the evolving needs of our members in a dynamic financial landscape.
What this means for you as a valued member:
✅The heart of our credit unions is you our members and we remain committed to our responsibility of providing tailored, financial services and community support focused on your unique needs.
✅Your day-to-day experience, the personal service you receive, and the trusted relationships you’ve built with us will continue seamlessly.
✅You’ll keep enjoying the same warm, dedicated support from the people you know and value, serving the same education community you’re part of.
✅By combining our resources, the new Education Credit Union will invest more in modern technology, enhanced digital services, and even more competitive products - delivering better value and stronger support for you and your financial needs.
✅The proposed merger will open up greater opportunities, including improved access to a wider range of services, innovative offerings, and resources tailored to educators
✅Any transfer of engagements would require approval from members. If a formal proposal proceeds, members will be asked to vote before any decision is finalised.
The Board of Directors are fully committed to this strategic merger, which is based on a strong collaborative approach between our credit unions. The Board believes that by joining forces, we will build on our valued and respected legacy of serving educators and continue to meet the unique financial needs of today’s and tomorrow’s teachers with the same care and dedication.
Exploring this initiative provides assurance on the continuation of services and ensures that we will have the combined strength to meet the challenges ahead for credit unions and positively explore the growth opportunities that this strategic merger presents.
This announcement is made in the spirit in which our credit unions intend to move forward with this process – honesty and transparency so that you the member, can be sure that at all times you are fully informed.
As the process evolves, each member will be provided with an information pack, which will give details outlining the financial position of our credit unions and the benefits of this initiative. Please be assured that the Board of Directors wish to fully engage with members throughout this process. The proposed transfer of engagement will require the approval of our regulator, the Central Bank.
It is also very important to note that throughout this proposed process, it will be business as usual with no impact on day-to-day activities for members.
Thank you,
John Tuohy, Chair Séan Murray, Chief Executive Officer.
Questions and Answers
We’ve put together a clear set of questions and answers to help address any details about the transfer of engagement or this announcement. Please feel free to reach out with any further questions you may have- we’re here to support you every step of the way.
