Comhar linn into credit union
Comhar Linn INTO Credit Union is a member-owned Irish credit union serving over 25,000 primary school teachers, INTO/RTAI members, and their families with loans, current accounts, savings, and budgeting services via a Progress-based core banking platform.
- Company typePrivate
- Founded1981
- HeadquartersDublin, Ireland
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Comhar linn into credit union does
Comhar Linn INTO Credit Union Ltd is a member-owned, not-for-profit financial cooperative regulated by the Central Bank of Ireland (Reg No. 393CU), founded in 1981 and headquartered at 33 Parnell Square, Dublin 1. The credit union operates under a common-bond membership model serving primary school teachers who are members of the Irish National Teachers' Organisation (INTO), members of the Retired Teachers Association of Ireland (RTAI), student teachers at Colleges of Education, and their families — a member base of over 25,000 across Ireland.
The core product portfolio centres on lending (car/motor, home improvement, personal, college fees, PME, consolidation, first-time borrower, and saver loans) with a 24-hour loan decision and 48-hour funding turnaround, complemented by a full-service Current Account with a new Visa Debit card, savings accounts, a Budget Account bill-management service, and ancillary offerings (Member Draw, Scholarship Fund, arrears support, insurance referrals via Peopl Insurance). Underlying technology is built on the Progress core banking platform, delivered through a 24/7 online banking portal and a mobile app available on Google Play and the Apple App Store, with card payments processed via Transact Payments Malta Limited and SEPA transfers routed through Intesa Sanpaolo. Deduction at Source is arranged with the Department of Education for automated salary-linked savings and loan repayments.
The revenue model combines interest income from the loan book (the primary income stream) with subscription-style current account fees (€12 per quarter after a 12-month free period, plus €0.50 ATM withdrawal fees beyond five free monthly transactions), insurance referral commissions, and Loan Protection / Life Savings Insurance products underwritten by CUNA Mutual. Go-to-market is community-led, leveraging the INTO partnership, union communications, college ambassador programmes, social media, and member referrals. Distribution is hybrid: a single Dublin branch plus digital self-service channels. As of March 2026, Comhar Linn is in advanced merger discussions with TUI Credit Union and Education Credit Union to form a combined entity exceeding €450 million in assets and 48,000 members, which would rank as the seventh-largest credit union in the Republic of Ireland; the credit union is also a founding member of a 25-institution Credit Union Services Organisation (Cuso) controlling approximately €9 billion in assets.
Comhar linn into credit union firmographics
Firmographics- Name
- Comhar linn into credit union
- Legal name
- Comhar Linn INTO Credit Union Ltd
- Website
- https://comharlinnintocu.ie
- Company type
- Private
- Founded year
- 1981
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Comhar Linn INTO Credit Union is a member-owned Irish credit union serving over 25,000 primary school teachers, INTO/RTAI members, and their families with loans, current accounts, savings, and budgeting services via a Progress-based core banking platform.
- Ownership category
- akta.pro rank
Comhar linn into credit union industry classification
Industry- Product category
- Retail Banking / Credit Union Services
- NAICS
- Credit Unions (522130), Credit Unions (52213)
- SIC
- Personal Credit Institutions (6141), Functions Related To Depository Banking, Nec (6099)
- akta.pro primary industry
- Employer/Occupational Credit Unions (FSABAEAB)
- akta.pro secondary industry
- Federations/Centrals & Cooperative Banking Networks (2nd-Tier Co-ops) (FSABAEAL)
Keywords
Where Comhar linn into credit union is headquartered
LocationHeadquarters
- HQ city
- Dublin
- HQ country
- Ireland
- HQ region
- Europe
Offices1 record
Markets served
Comhar linn into credit union business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Loan Interest Income: Comhar Linn generates primary revenue from interest charged on loans including car loans, home improvement loans, personal loans, consolidation loans, PME loans, college fees loans, first-time borrower loans, and saver loans. Interest rates are competitive compared to traditional banks.
- Current Account Fees: Current account maintenance fees of €12 per quarter (after 12 months free promotion). ATM withdrawal fees of €0.50 after 5 free monthly withdrawals. This provides ongoing fee revenue from account holders.
- Insurance Referral Fees: Partnership with Peopl Insurance for non-advised referrals on Life, Home, and Travel Insurance. Credit union staff refer members to Peopl Insurance, generating referral revenue.
- Loan Protection and Life Savings Insurance: Loan Protection Insurance provided by CUNA Mutual covers eligible members with credit union loans. Life Savings Insurance is payable on death of eligible members up to €13,000 maximum.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Current Account - Free Trial Period |
| Subscription | Monthly | Current Account - Standard Tier |
| Unit Pricing | Monthly | First Time Borrower Loan |
| Unit Pricing | Monthly | Loan Collateral Requirements |
| Subscription | Annual | Budget Account Fee |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels6 records
Comhar linn into credit union product offering
Product offeringCore offering
Comhar Linn INTO Credit Union is a member-owned, not-for-profit financial cooperative that provides savings products, a current account with Visa Debit card, and a diversified portfolio of loans (car, home improvement, personal, college fees, PME, consolidation, first-time borrower, saver) exclusively to primary school teachers, INTO/RTAI members, student teachers, retired teachers, and their families across Ireland. Core services are delivered through a Dublin branch, 24/7 online and mobile banking, and a deduction-at-source payroll mechanism, supplemented by member benefit programmes such as a Budget Account, Member Draw, and Scholarship Fund.
Product overview
Comhar Linn INTO Credit Union is a member-owned financial cooperative regulated by the Central Bank of Ireland, offering a comprehensive suite of financial products and services. The core product portfolio centers on Loans (various types including Car, Home Improvement, Personal, and Consolidation loans) and Current Account with Visa Debit card. Supporting products include Savings Account, Budget Account for bill management, and Online Banking platform for digital access. Additional services include Deduction at Source for salary-linked savings/loan repayments, Member Draw prize programme, Scholarship Fund bursary, and Insurance services via partnership. The Arrears Support Unit provides specialized assistance for members facing financial difficulties.
Differentiator
Problem solved
Functional benefit
Products and services
- Current Account with Visa Debit Card Full-service current account with a globally accepted Visa Debit card, online and mobile banking access, Google Pay and Apple Pay integration, contactless payments, and an overdraft facility up to €5,000. Open to members aged 16+. The first 12 months are free of account maintenance fees; thereafter, a €12 quarterly maintenance fee applies, with student accounts exempt.
- Personal Loans (multi-purpose) Diversified loan portfolio comprising Car/Motor loans, Home Improvement loans, Personal loans, College Fees loans, PME loans, First Time Borrower loans, Saver loans, and Consolidation loans. Loan terms and rates vary by product; applications receive a decision within 24 hours and funds are typically issued within 48 hours.
- Savings Account
Quantifiable outcome
- 25,000+ members served
- +2 more outcomes
Companies that use Comhar linn into credit union
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles3 records
Comhar linn into credit union technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature4 records
Comhar linn into credit union partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and flagship.
- Credit Union Services Organisation (Cuso)coreComhar Linn is one of 25 credit unions that have established a credit union services organisation (Cuso) as an initial step toward creating a unified body to manage treasury functions. The consortium controls nearly €9 billion in assets (approximately 40% of Ireland's credit union sector) and will roll out a standardised asset-liability management framework, preparing members for eventual formation of a corporate credit union (CCU).
- TUI Credit UnionflagshipThree teacher credit unions (TUI Credit Union, Comhar Linn INTO Credit Union, and Education Credit Union) are in advanced merger talks. The proposed tie-up would form an entity with more than €450 million in assets, making it the seventh-largest credit union in the Republic with 48,000 combined members.
- Education Credit UnionflagshipThree teacher credit unions (TUI Credit Union, Comhar Linn INTO Credit Union, and Education Credit Union) are in advanced merger talks. The proposed tie-up would form an entity with more than €450 million in assets, making it the seventh-largest credit union in the Republic with 48,000 combined members.
- Peopl InsurancecoreComhar Linn has partnered with Peopl Insurance to enable staff to refer members for their Life, Home, and Travel Insurance needs. This non-advised referral service is approved by the Central Bank of Ireland and provides members with access to insurance products backed by Royal London, RSA, AIG, Liberty, and Mapfre. Peopl Insurance was created by Credit Unions with shared principles of people helping people.
- CUNA MutualcoreCUNA Mutual provides Loan Protection Insurance and Life Savings Insurance for Comhar Linn members. Loan Protection covers eligible members with credit union loans, while Life Savings Insurance is payable on death of eligible members subject to policy terms with a maximum limit of €13,000.
- ProgresscoreProgress provides the principal operating system for Comhar Linn's banking infrastructure, enabling online banking, member management, and core credit union operations.
- Transact Payments Malta LimitedcoreTransact Payments Malta Limited (an authorised e-money institution) is the debit card provider for Comhar Linn's current account debit cards. They act as a data controller for card transactions.
- Intesa SanpaolocoreIntesa Sanpaolo handles SEPA payment transfers for Comhar Linn current accounts. They act as a data controller for SEPA payment processing.
- Credit Union Development Association (CUDA)coreComhar Linn is affiliated with the Credit Union Development Association (CUDA) for reporting, use of representative services, and fulfilment of obligations in accordance with CUDA rules.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Comhar linn into credit union competitors and assessment
Company assessmentMarket position
Strengths4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Comhar linn into credit union social profiles
Digital presenceComhar linn into credit union compliance and trust
Trust signalCompliance10 records
Comhar linn into credit union financial estimates
Financial estimateRevenue estimate
Valuation estimate
Comhar linn into credit union leadership team
Management profileNumber of profiles
Profiles1 record
Comhar linn into credit union funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Comhar linn into credit union M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Comhar linn into credit union
What does Comhar linn into credit union do?
Comhar Linn INTO Credit Union is a member-owned, not-for-profit financial cooperative that provides savings products, a current account with Visa Debit card, and a diversified portfolio of loans (car, home improvement, personal, college fees, PME, consolidation, first-time borrower, saver) exclusively to primary school teachers, INTO/RTAI members, student teachers, retired teachers, and their families across Ireland. Core services are delivered through a Dublin branch, 24/7 online and mobile banking, and a deduction-at-source payroll mechanism, supplemented by member benefit programmes such as a Budget Account, Member Draw, and Scholarship Fund.
Is Comhar linn into credit union a public or private company?
Comhar linn into credit union is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Comhar linn into credit union founded?
Comhar linn into credit union was founded in 1981. It employs 11 to 50 people.
Where is Comhar linn into credit union based?
Comhar linn into credit union is headquartered in Dublin, Ireland, in the Europe region.
How does Comhar linn into credit union make money?
Four revenue lines are on record. Loan Interest Income is the primary driver. The others are current Account Fees, insurance Referral Fees and loan Protection and Life Savings Insurance.
Does Comhar linn into credit union have an API?
No public API is recorded for Comhar linn into credit union.
What industry is Comhar linn into credit union in?
Comhar linn into credit union's product category is Retail Banking / Credit Union Services. Its primary akta.pro industry code is FSABAEAB, Employer/Occupational Credit Unions, with a secondary code of FSABAEAL, Federations/Centrals & Cooperative Banking Networks (2nd-Tier Co-ops). Its NAICS code is 522130 and its SIC code is 6141.