Tallinna Hoiu-laenuühistu

What Tallinna Hoiu-laenuühistu does

Tallinna Hoiu-Laenuühistu is an Estonian member-owned credit cooperative (hoiulaenuühistu) founded in 2010 and headquartered at Narva mnt in central Tallinn, holding financial institution license FFA000009. The entity offers a narrow product set to its members: term deposits (tähtajalised hoiused), savings accounts (deposiidid), and mortgage-backed loans (hüpoteeklaen) for legal entities, with loan amounts ranging from €5,000 to €500,000, interest rates starting from 9% per annum, terms up to 10 years, and loan-to-value up to 90% of property market value. Membership requires a one-time €10 entry fee, and member loans are capped at 20x the member's share contribution. The business model is spread-based — collecting deposits and charging mortgage interest — supplemented by membership fees and loan processing/notary charges.

The credit union operates through a single physical office in Tallinn, a basic bilingual (Estonian/Russian) website, and direct phone/email contact channels; it has no mobile app, no public APIs, no disclosed digital self-service, and no technology differentiation beyond standard financial-services workflow. The entity is a member of the Estonian Chamber of Commerce and Industry and reports annually to its members. Critically, due to legislative changes affecting Estonian savings and loan associations, Tallinna HLÜ will cease accepting new deposits and new loans to natural-person members effective 1 July 2026, while honoring all existing contracts until their natural maturity — placing the institution in a managed run-off rather than a growth posture.

Name

Tallinna Hoiu-laenuühistu

Legal name

Tallinna Hoiu-Laenuühistu

Website

https://erahoius.ee

Company type

Private

Founded year

2010

Operating status

Operating

Short description

Tallinna Hoiu-Laenuühistu is an Estonian member-owned credit cooperative, founded in 2010, offering term deposits, savings accounts, and real-estate-backed loans to private-individual and SMB members. Operations will wind down new deposits and consumer lending by 1 July 2026 due to regulatory changes.

Ownership category

akta.pro rank

NAICS

Credit Unions (52213)

SIC

Personal Credit Institutions (6141)

akta.pro industry

PRIMARYFSAKAAAL

Bank & Credit Union Personal Loans (Unsecured Installment)

Financial & Insurance/Lending & Consumer Finance/Personal Loans (Unsecured Installment)

Keywords

• Credit union services
• Mortgage lending
• Term deposits
• Savings accounts
• Real estate loans

Headquarters

HQ city

Tallinn

HQ country

Estonia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Others

Revenue model

1. Interest income from mortgage loans: The credit union generates revenue primarily through interest charged on mortgage loans (hüpoteeklaen) extended to members. Loan amounts range from 5,000 to 500,000 EUR with interest rates starting from 9% per annum.
2. Term deposits and savings accounts: Members can make time deposits and savings. Starting July 1, 2026, no new deposit agreements will be accepted as the company winds down operations under new regulatory requirements.
3. Membership fees: One-time entry fee of 10 EUR for joining the credit union as a member.
4. Loan processing fees: Contract conclusion fees and notary expenses associated with establishing mortgages on real estate property.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Tallinna Hoiu-laenuühistu is a member-owned Estonian credit union that provides term deposits, savings accounts, and real estate-backed mortgage loans to its cooperative members. Mortgage loans range from €5,000 to €500,000 with interest rates starting from 9% annually and terms up to 10 years, secured by first-ranking mortgages on property. Effective July 1, 2026, the credit union will cease accepting new deposit agreements and new loans to private individuals due to Estonian legislative changes.

Product overview

Tallinna Hoiu-Laenuühistu operates as a traditional Estonian credit union offering a focused portfolio of financial services. The core products include term deposits (tähtajalised hoiused) and savings accounts (deposiidid) for members to accumulate funds, as well as mortgage loans (hüpoteeklaen) and credit services for legal entities requiring membership. The union functions as a member-owned financial cooperative where individuals must join as members to access savings products, while legal entities can access credit services upon membership. Starting July 2026, the union will cease accepting new deposits and loan applications due to regulatory changes affecting Estonian credit unions.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Interest rates from 9% per year on mortgage loans
• +2 more outcomes

Named customers1 record

Segments2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Eesti Kaubandus-tööstuskoda (Estonian Chamber of Commerce and Industry)minorOthersThe credit union is a member of the Estonian Chamber of Commerce and Industry, indicating standard business membership organization affiliation rather than a strategic commercial partnership.

Scale indicators4 records

Recent moves5 records

Expansion highlights2 records

Broad incumbents

• Luminor Estonia: Large Baltic universal bank active in Estonia across retail deposits, mortgages, and SME finance. Sets the incumbent competitive backdrop against which Tallinna HLÜ's deposit and mortgage products are priced.
• LHV Pank: Mid-size Estonian universal bank offering full retail, SME, mortgage, and deposit products domestically. Broader incumbent than Tallinna HLÜ, but the most relevant Estonian bank against which the credit union competes and would benchmark on pricing and regulation.
• Swedbank Estonia: Leading Estonian universal bank and major mortgage and deposit provider; represents the dominant incumbent benchmark for deposit pricing and mortgage origination in Estonia.
• SEB Pank (Estonia): Estonia subsidiary of SEB Group, one of the dominant retail and commercial banks in Estonia with a large branch and digital deposit and mortgage franchise against which Tallinna HLÜ is effectively competing.

Direct peers

• Bigbank AS: Estonia-headquartered consumer and SME lender offering unsecured and real-estate-backed loans in the Baltic states. Comparable in scale, geography, and niche lending orientation to Tallinna HLÜ's SME mortgage book.
• Inbank AS: Estonian consumer and SME finance company focused on retail deposits and partner/branch-originated lending across the Baltics. Similar scale profile and product mix to Tallinna HLÜ.
• Coop Pank: Estonian cooperative bank serving retail and SME members with deposits and mortgage lending. Closest direct analogue to Tallinna HLÜ among Estonian peers given cooperative ownership, member-funded model, and similar home-market deposit-and-loan product set.
• Tartu Hoiu-laenuühistu: Another Estonian savings and loan cooperative operating under the same hoiu-laenuühistu regulatory framework, facing the identical 2026 legislative change. The most directly comparable same-institution-type peer to Tallinna HLÜ within Estonia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tallinna Hoiu-laenuühistu