FAQs
Frequently Asked Questions
Membership is open to all permanent, continuous and contract staff of RTÉ and members of their families living in the same household; all pensioners of RTÉ and former staff contractually entitled to receive a pension from RTÉ and their families in the same household; all permanent, continuous, and contract staff and families of the following:
- RTÉ Credit Union Limited
- RTÉ Sports & Social Club
- RTÉ NL
- RTÉ Benevolent Society
- Radio na Gaeltachta
- TG4
- Commercial Enterprises Limited
Yes, RTÉ Credit Union encourages savings from an early age.
Yes, you can be a member of more than one Credit Union as long as you live and/or work in the common bond.
The Common Bond is the factor which unites the members of the Credit Union - it is what members have in common. The Common Bond ensures that the savings of members of the community or workplace are available to fellow members as loans. RTÉ Credit Union’s Common Bond is its workforce past and present and families living in the same household.
Shares are savings in a Credit Union. All members must have at least €10 in shares to maintain their membership.
The maximum savings a member can have in RTÉ Credit Union is €100,000 between deposits and shares.
Yes, Every Share you get with RTÉ Credit Union for the year is eligible for a potential dividend when declared. A dividend is a surplus distributed to members and will generally vary.
You may withdraw your savings at any time, unless they are pledged as security against a loan taken out. We encourage members to take a loan and keep their savings intact.
Credit Union members can rest easy in the assurance that their savings are safe and are secured in several ways.
- All officials of Credit Unions, whether volunteers or staff, must be Fidelity Bonded.
- Savings accrued between the ages of 6 months and 55 years carry a mortality insurance of 100%.
The level of cover on new savings decreases after the members 56th birthday and is applied as follows:
75% cover on monies saved between the age of 56 and 59
50% cover on monies saved between the age of 60 and 64
25% cover on monies saved between the age of 65 and 70
No cover for monies saved after a member’s 70th birthday
(All the above are subject to a maximum limit of €12,700)
- All monies received in Credit Unions are properly recorded and lodged regularly
- Full financial statements are prepared and can be reviewed by members
Submit the online form here and a member of staff will contact you on the telephone number provided to verify your identity and complete the registration process. A PIN will be sent to your address securely by post or via SMS.
No. You can log on as you always do with the same PIN you always used except now you will have access to more! On the website homepage click ‘Member Login Account’ in the top right corner.
The AGM is usually the first week of December every year. Check the website closer to the time for confirmation of the exact date.
The Annual Report is usually available to members one week before the AGM. Check the website for news and updates.
