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Tralee Credit Union manager Fintan Ryan with the new Debit Card which will be issued to members.
TRALEE Credit Union members will be among the first in the country to have access to a fully functional Debit Card designed and developed specifically for credit unions.
The local branch, along with ten other credit unions, announced today the arrival of their long awaited Debit Mastercard. The card is supported by MasterCard and is accepted anywhere the MasterCard logo is displayed worldwide.
This service means that Tralee Credit Union members can now avail of full banking services from its credit union. The new Debit MasterCard facilitates contactless payments and supports fully electronically enabled accounts, on-line access and transaction facilities, and a mobile app for managing finances on the go. Roll-out to members will begin the middle of June.
This is the first time a Debit Card has been produced, developed and controlled by a group of credit unions for their members.
Fintan Ryan, CEO Tralee Credit Union and Chairman DCG Card Services said; “thanks to the vision and determination of Tralee Credit Union’s Board of Directors we are delighted to bring this valuable new service to our members.
A recent REBO (Credit Union Restructuring Board) Survey revealed that 84% of credit union members wanted access to a Debit Card from their Credit Union. Tralee Credit Union came together with ten other credit unions to address this demand. We had one vision, one purpose, to deliver a fully functional debit card to our members.”
“We formed a not-for profit organisation DCG Card Services and are proud of the legacy this new service will create and proud to be a pioneer in making it happen. Members can have their income paid directly to their credit union Access Account and use their debit card to purchase goods in store and online and at any ATM anywhere in the world. They can set up direct debits, pay bills and electronically transfer funds online and on their phone using our Mobile App, the complete banking service package.”
For further information, visit Tralee Credit Union website www.traleecu.ie or call in to their offices in Tralee, Castleisland and Killorglin.
