ST GABRIEL'S GAZETTE

	News Items in the Gazette
		News in Brief
		Special Saving Accounts
		New members
		Education Loans
		Special Home Improvement Loans
		One Year Loans at 5% (Apr 5.1%)

If you wish to be kept informed of what is happening in St Gabriel's then please add your name to our mailing list by filling in the form in the feedback page and we will e-mail you with news bulletins

News in Brief

The following are some of the happenings in St Gabriel's at the moment

Budgeting Tool
The Cork Chapter of Credit Unions has recently launched their own website at www.corkcreditunions.com. This site includes an easy to use budgeting tool.

Credit Union Alliance
St Gabriel's Credit Union along with six other credit unions in the Cork region have formed a new co-operative that will trade as the Credit Union Alliance. The aim of the new co-operative is to provide services to the participating credit unions, cheaper and faster than before.

Special Saving Accounts

St Gabriel's now offers Medium Term (3 year) and Long Term (5 Year) accounts, with the following features:

	2% interest earned, with the rate reviewed yearly by the board.
	Holders of these accounts are allowed earn an annual tax-free dividend of these accounts of €480 for the Medium term account and €635 for the Long term account. Amounts earned in access of these values are taxed at 20%
	Term and condition apply

Contact our office for full details.

Top | Home

New members

Membership of St Gabriel's is open to employees the following list of companies living or working in the province of Munster. 

	An Post (and any wholly owned subsidiary of An Post)
	eircom plc (and any wholly owned subsidiary of eircom plc)
	Vodafone Ireland Ltd.
	NTL Communications Ltd
	O2 Communications
	Esat BT
	Meteor Mobile Communication
	Chorus Communication Ltd
	eircom PhoneWatch Ltd.
	Conduit Limited
	Indigo Services Group Ltd.
	Worldcom Ireland Limited
	TNI (Telecom) Ltd.
	eircom Retail Ltd.
	Atlas Communications (UK) Ltd.
	Let’s Talk Phones
	Lan Communications Ltd.
	Continuous Communications Systems (CCS)
	Golden Pages Ltd.
	Broadcom Eireann Research Ltd.
	Accuris Ltd.
	Apion TI
	Person to Person
	Topsource
	Telecom Engineering Services Ltd. (TESL)
	MNL
	OneMade.com
	One Direct
	JMG
	National Lottery
	Printpost
	PMI
	PGI

We also welcome family members once they reside at the address of an existing member.
If you have friends or family eligible to join St Gabriel's let them know of this draw.
Remember all new juvenile accounts (aged 12 or under) automatically receive €20 when the account is opened.

Education Loans

St Gabriel's recognises the cost associated with 3rd level education are high and are getting higher every day. With this in mind, from the 1st May 2006, we are dropping the interest rate on new education loans to 5.8% (6% Apr). If you can repay your loan within one year this rate falls still further to 5% (Apr 5.1%)
The table below illustrates typical monthly repayments for education loans at St Gabriel's

Remember some of the many advantages of borrowing from St Gabriel's for education loans, include:

	Quick decision on applications
	We offer the flexibility to make larger repayments without penalties.
	Members opting for annual rate loans can delay repayment to suit traveling arrangements etc.

Don't forget loans must be repaid!!

Special Home Improvement Loans

The Board of St. Gabriel's is pleased to announce the following new loan services incorporating a fantastic new APR of 6%. This is designed to assist you making the decision to upgrade your home whether it's a new kitchen, attic conversion, conservatory or even an extension. It allows you to spread the costs associated with your planned project up to 10 years with the payments tailor made to suit your pocket.

Special Home Improvement Loans
Have you plans to add an extension, conservatory or perhaps an attic conversion?
The following are examples of this kind of weekly repayment expected:

To qualify for this new special rate a number of conditions will apply:

• The loan must be more than €5,000
• Satisfactory proof is required to show that the loan is for housing purposes.

Whatever your needs, with St. Gabriel's, organising your finances for your home improvements it couldn't be easier. Just work you what the project is going to cost you, including those expenses that you sometime forget, then simply contact St. Gabriel's and apply for your loan. It is recommended you provide copies of quotations received in relation to the proposed project to support your application.

If you have any other queries regarding housing loans, please contact us
Terms and conditions apply.

One Year Loans at 5% (Apr 5.1%)

For whatever the reason...

If you need a loan and can repay it within a year

St Gabriel's 5% (Apr 5.1%) Loan Package is made for you!

The following rules apply

	This special rate is for new loan applications only.
	Previous balances cannot be refinanced at this rate.
	The loan MUST be repaid within 12 months of the draw down date.
	If you fail to repay within 12 months then the complete loan reverts to our standard rate of 7.96%  (Apr 8.3%) for the whole period of the loan.
	The loan must be repaid in full before you can borrow at this rate again i.e. no top-up loans.
	Normal Credit Union terms and conditions apply.

The bottom line is if you can afford to repay the loan within 12 months then make that loan application today!!

Sample repayments at 5% (Apr 5.1%)

Home | About Us | News | Savings | Loans | Services | Office | Forms | Feedback