Skip to main content
  • About Us
  • Contact
  • FAQs
Connect with us
(01) 873 1101 info@intocreditunion.ie
Comhar Linn INTO Credit Union
Login Register
(01) 873 1101 info@intocreditunion.ie
  • Loans
    Loans Car / Motor Loan Home Improvement Loan Personal Loan College Fees Loan PME Loan First Time Borrower Loan Saver Loan Consolidation Loan
  • Current Account
  • Services
    Services Budget Account Online Banking Deduction at Source Member Draw Insurance Savings Account Scholarship Fund Arrears Support Unit Forms
  • News & Events
  • Become a Member
  • Online Banking
    • Login
    • Register
Connect with us
  • About Us
  • Contact
  • FAQs
  • Home
  • News & Events
  • Member Draw Changes
Member Draw Changes

15 March 2024

Member Draw Changes

Our member draw is changing!

Our member draw has been in operation for over 30 years. During that time, the first prize traditionally was a car, with the make and model dependent on the funds available in the car draw at the time.

This not-for-profit draw is run on a ‘break-even’ basis and all participating member contributions are used to pay for prizes.

The cost of entry to the draw remains a relatively low one at €1.27 per fortnight, a cost we are reluctant to increase. However, unfortunately, the cost of cars continues to rise, creating an imbalance in the draw.

To continue running the draw without raising the cost to members, and because many winning members opt for a cash alternative to the car prize, we are changing the draw to a cash prize draw from May 2024.

These changes will result in even more monthly winners with 6 members winning prizes in each draw, rather than 5!

The new monthly prizes are as follows:

  • €15,000 x 1
  • €5,000 x 1
  • €1,000 x 4

 

If you would like to sign up for our Member Draw please click here

If you are already a member of the draw, you do not need to do anything – the draw will continue working as it always has – just with new prizes.

If you have any queries please contact us at info@intocreditunion.ie

 

Back to News Share Buttons
Member Draw Changes

Related Articles

€1.2M Back to Members
16 Feb 2024

€1.2M Back to Members

Following a strong financial year for Comhar Linn

Read More
Spring Clean Your Finances
22 Mar 2023

Spring Clean Your Finances

Top tips for improving your finances this Spring

Read More
CEO Séan Murray presents 2021/22 financial accounts
07 Feb 2023

CEO Séan Murray presents 2021/22 financial accounts

An extract from our 2022 AGM.

Read More
Highlights of the 2021/2022 financial year
26 Oct 2022

Highlights of the 2021/2022 financial year

Thank you to our members for helping to make this financial year o...

Read More
Back to News
Become a member of Comhar Linn

Unlock the exclusive benefits available to you by becoming a member today and join our credit union community supporting teachers.

Become a Member
Comhar Linn INTO Credit Union

Comhar Linn INTO Credit Union

Great Place to Work logo

Quicklinks

  • Become a Member
  • Current Account
  • Loans
  • Budget Account
  • Car Draw

Help & Support

  • FAQs

Other

  • Privacy Policy
  • Cookies Policy
  • Regulatory Statements
  • Terms & Conditions
  • Governance
  • Data Protection Notice

Contact

33 Parnell Square,
Dublin 1,
D01 W563
(01) 873 1101
info@intocreditunion.ie
Make an Enquiry

Opening Hours

Mon 10:00 - 16:30 *
Tues 10:00 - 17:00 *
Wed 10:00 - 17:00 *
Thurs 10:00 - 17:00 *
Fri 10:00 - 17:00 *

*Closed for Lunch from 13:30 - 14:30

Comhar Linn INTO Credit Union Ltd is Regulated by the Central Bank of Ireland. Reg No. 393CU

Cookie Notice