01THE FUTURE’S ELECTRIC

Summer 2019

02CONTROLLING YOUR CREDIT CARD

03FAMILY DAY2019 ANNOUNCED

Electric Vehicles are fastbecoming the future of motoring in Ireland.Discover more aboutit and the part Savvi isbeginning to play in driving the future.

Savvi Credit Union is regulated by the Central Bank of Ireland.

Together we are Savvi 3Summer Issue 20192 Summer Issue 20192

Welcome to the 2019 summer edition of our Savvi Newsletter. It has been a busy year for us here at Savvi so far and we are excited to share some of the highlights and the community activities we have been involved in, as well as the events coming up.

The biggest event of them all is fast approaching, the highly anticipated Family Day. We are delighted to announce that this year sees us head to the wonderful Tayto Park!

From the adventurous theme park and the fantastic zoo and playground areas to the many exciting attractions such as The Dinosaurs Alive exhibit, there is an endless amount of fun to be had by all the family. You can fi nd out

how to apply for tickets for you and your family at the end of the newsletter.

And if you are considering a new car this year to help transport the gang to the Savvi family day, consider going electric! We have a great piece exploring the electric car market in Ireland and how Savvi can help get you started.

Enjoy the rest of this newsletter for now and make sure to keep an eye on our website and social media pages for the latest news, o� ers, community updates and events.

Thank you for your continued support,The Savvi Team

According to recent research commissioned by The Communications Department, 6 in 10 of the Irish population do not. Among those surveyed who did know the interest rate they were paying, there was still a lack of clarity and understanding as to how the interest rate actually works.

Credit card interest rates in the Irish market typically range from 13% to 23% so we need to keep a close eye on how we manage our credit card spending.

Overleaf are some our top tips to help with this:

Welcome

ControllingYour Card!Do you know how much interest you are paying on your credit card?

Summer Issue 20194

Be SavviLive a morebalanced life! Have you got multiple loans?Combine & switch your existing loans with other nancial institutions into one Be Savvi Loan. With rates as low as 5.99% pa variable (6.16% APR)*, start saving yourself money, time & worry!

Apply online, in-branch or giveus a call today on 01 632 5100

Representative example: €25,000 loan repayable over 5 years. Rate of interest 5.99% per annum variable. *APR (Annual Percentage Rate) 6.16%. 60 monthly repayments of €483.20 per month. Total amount payable is €28,992.23. Loans are subject to approval. Terms and conditions apply. Savvi Credit Union is regulated by the Central Bank of Ireland.

Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating which may limit your ability to access credit in the future.

Warning: This new loan may take longer to pay off than your previous loans. This means you may pay more than if you paid over a shorter term.

• Aim to pay o� more than the minimum repayment – the maximum amount you can a� ord to pay. If you only pay the minimum repayment every month, you’ll pay a lot of interest and it could take years to clear the debt.

• Never miss a credit card payment & stay below your limit as much as you can – these can be red fl ags to potential future lenders if/when you need to borrow for a mortgage, car etc.

• In order to ensure you don’t miss payments and you are staying under your limit, track your spending every month.

• Request your credit report. You can ask for a copy of your credit history any time, free of charge from the Central Credit Register

• Talk to us! If you feel like your credit card debt has gotten a little out of control, then get in touch and see how we can help. Our debt consolidation loan, ‘Be Savvi’ for example could be a good solution to help balance things out for you.

Research carried out by independent market research company, iReach Insights, in late December 2018 and commissioned by The Communications Department.

Savvi’s Top Tips

57%

6in10

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of thepopulationowns acreditcard

of womenare not awareof the interestcompared with

DON’T KNOWwhat interest they pay

say peopleRELY TOO MUCHon their credit cardsfor makingpurchase

don’t believe credit cardcompanies do enoughto explain interest rates

said they haveNEVER HEARDof the Central Credit Register

MORE THAN

of men

57%

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70%

68%

3⁄₄

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of thepopulationowns acreditcard

of womenare not awareof the interestcompared with

say peopleRELY TOO MUCHon their credit cards for makingpurchases

don’t believe credit cardcompanies do enoughto explain interest rates

said they haveNEVER HEARDof the Central Credit Register

MORE THAN

of men

6in10DON’T KNOWwhat interest they pay

Together we are Savvi 7Summer Issue 20196

KidsCorner

� � � � Cú C� � � n!

Colour in the Cú Chulainn roller coaster from Tayto park. Show us your colourful day out and enter our competition. 3 prizes are up for grabs from 3 age groups. Winners will be picked at our Family Day in Tayto Park. Send your masterpieces to Savvi Credit Union, 56 Sir John Rogersons Quay, Dublin 2.

Name: 0-5yrs 6-10yrs 11-15yrs

Address:

Parents Savvi Membership Number:

Together we are Savvi 9Summer Issue 20198

At Savvi, we share the same vision as our ESB partners to help do our bit for the environment. We are currently

o� ering a special Electric Vehicle loan rate of just 5.5% (p.a. fi xed). If you’ve been considering going green when it comes to your car, get in touch today to see how we can help.

Electric Vehicles in Ireland

Savvi originally started as the credit union for the sta� of ESB, an institution that has brought light and energy into the homes and lives of millions of people on the island of Ireland. How we use this energy is evolving and becoming greener.

As one of the early adopters of electric vehicles, ESB established ‘ecars’ in 2010 to roll out the charging infrastructure for electric vehicles (EV’s) and to support the introduction and demand for EV’s nationally. Car pollutants are the fastest growing source of greenhouse gas emissions in Ireland. In addition to this, particulate emissions, especially from diesel vehicles (and wood burning) are being linked to more and more health conditions every year.

Electric Vehicles are a way of reducing these threats and helping to build a healthier environment. To encourage us all to consider electric when it comes to our next car, ESB have provided some answers and myth busters!

Aren’t EV’s expensive?

Prices are expected to be equal between 2022-2025 and with lower fuel & maintenance costs, the lifetime cost is often lower.

Don’t EV’s emit as much as diesels because electricity generators emit CO2?

An EV emits less than half as much as a diesel even with today’s mix of electricity generation sources. This will only improve as more renewable electricity is added.

Isn’t a self-charging hybrid better?

A ‘self-charging’ hybrid is a petrol-powered car that uses a battery and electric motor internally. It is still a fossil fuel car, although a more e� cient one.

Isn’t diesel still better for high mileages?

No. If current EV range is a concern, petrol hybrid cars are very e� cient and can cost less than diesel to run. Also you are keeping the air cleaner than with a diesel. If you go for a plug-in hybrid, you could run your car from electricity for most journeys and only need petrol for longer trips.

At Savvi, we don't just help each other get ahead, but help our environment too! We now have an Electric Vehicle Loanat just 5.5%. (p.a. fixed)

Apply Today! 01 632 5100 savvi.ie

DrivingChange

Representative example: €25,000 loan payable over 5 years. Rate of interest 5.5% per annum fixed. APR (Annual Percentage Rate) 5.64%. 60 monthly repayments of €478 per month. Total amount payable is €28,652.

Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating which may limit your ability to access credit in the future.

Savvi Credit Union is regulated by the Central Bank of Ireland. Loans are subject to approval. Terms & Conditions apply.

At Savvi, we don't just help each other get ahead, but help our environment too! We now have an Electric Vehicle Loanat just 5.5%. (p.a. fixed)

Apply Today! 01 632 5100 savvi.ie

DrivingChange

Representative example: €25,000 loan payable over 5 years. Rate of interest 5.5% per annum fixed. APR (Annual Percentage Rate) 5.64%. 60 monthly repayments of €478 per month. Total amount payable is €28,652.

Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating which may limit your ability to access credit in the future.

Savvi Credit Union is regulated by the Central Bank of Ireland. Loans are subject to approval. Terms & Conditions apply.

The Future’s ElectricLower fuel, lower emissions, longer range and greater choice means that Electric Vehicles are now coming into their own!

The only way to enjoy these ribs is to tear and share and eat with your

hands! Yum!

TASTYRACK OF RIBS

Serves 4Drizzle Rapeseed Oil

2 Sprigs of Rosemary

1 Racks of Ribs (approx. 1kg)

Black Pepper (freshly ground)

10 Basil Leaves

1 Lime

Marinade:

Half Fresh Red Chili

1 Thumb-sized Piece of Ginger

3 Cloves of Garlic (chopped)

75 ml Apple Juice

100 ml White Wine Vinegar

3 tbsps Tomato Ketchup

1 tbsp Dijon Mustard

60ml Soy Sauce

50g Soft Brown Sugar

50g Honey

Time to brush off your BBQ! Get these ribs onto the centre of your garden table and you’ll be adored by one and all!

These are so tasty! Don’t forget to serve with a bowl of warm water and a lemon slice or two to help clean the hands!

Method

Preheat BBQ. For the marinade, place all the ingredients into

a pot on the side of the bbq. Bring to the boil then reduce to

simmer for approx. 15 mins, stirring occasionally. The sauce

will have thickened when it’s ready.

Place the ribs in a large roasting dish. Drizzle with Rapeseed

oil, season with black pepper and sprinkle with the fresh

rosemary. Spread the marinade/sauce over the ribs and place

on the BBQ. Baste the ribs with the sauce occasionally as

you turn the ribs every 3 minutes.

To Serve: Serve with chopped basil leaves and lime wedges.

The no.11 FerryOriginally decommissioned in 1984, the historic No.11 Ferry took to the Li� ey again early this year, with the aim of helping commuters and tourists cross the river. It’s a great local addition and we wish them the best of luck!

Date for your diary: Our 3rd Level Education Award is o� ered every year to a student commencing third level studies in the next academic year, to the value of €3000 per annum for a maximum of 4 years. Applications for 2019-2020 academic year open mid-August and close 27th September.

Did you know? We now have a car draw every month, as well as cash prizes? For just 1 per week entry fee,you could win a brand new Kia Stonic. See our website for how to enter and previous winners.

SCHOOLS QUIZ 2019Savvi hosted its fi rst Credit Union Schools Quiz this year with 16 students in attendance, we hope to see this grow into a bigger event over the coming years.

CLEAN-UP!Sponsorship of Ringsend and Irishtown TidyTowns Environment vests,a small bit of help for a team that do amazing work!

CommunityHubSome community highlights for Savvi this year so far. If you are running a community or sponsorship event, get in touch at marketing@savvi.ie to see how we can help.

Louise Dowling (left), ESB Networks Letterkenny, winner of a � tbit charge 3 in the recent edition of ESB’s Electric Mail magazine, receiving her prize from Sandra Connolly, Savvi Credit Union Agent.

Noel Ryan, winner of the Savvi Easter Hamper draw in ESB Head O� ce, receiving his prize from Emma Lynch, Savvi Credit Union Agent.

The no.11 Ferry

LUCKY COMPETITION WINNERSOur very own Savvi Simon trails the country looking for people he can give prizes too and the occasional loan! Some of the lucky winners so far this year

Posting of Newsletter: To reduce our paper usage & do our bit for the environment, we will no longer be sending our newsletters by post. We will be sending them via email and posting on our website. If you have received this newsletter by post, you can fi ll out the attached marketing consent form, opting-in to the ‘email’ marketing preference and return via post to us or drop it into any Savvi branch.

Family Day2019 is at Tayto Park!Date: Saturday 31st August 2019Opening time: 9.30am-7pmCheck out www.taytopark.ie

Family Day includes:• Full access to Tayto Park and all its attractions• Meal vouchers for adults and kids• Colouring competition exhibition and prize collection

Sign up for Family DayMy family would love to join the fun on Saturday 31st August at Tayto Park. I’d like to prepay the €5 entry fee per person (kids under 3yrs are free).

Name:

Member Number:

Email Address:

Postal Address:

Phone Number:

Total no. of children attending: (aged 3-16yrs) (under 3yrs)

Total no. of adults attending:

Signed:

I authorise Savvi Credit Union to debit my shares account by €5 per person(if there are not enough funds available in your shares account we will contact you by phone for payment)

Print or pull-out this page, � ll in and scan back to hello@savvi.ie or return by post to:Family Day, Savvi Credit Union, 56 Sir John Rogerson’s Quay, Dublin 2.

T&Cs: There are a limited number of tickets for this event and tickets will be allocated on a � rst come, � rst served basis. €5 entry-fee non refundable. Tickets limited to a maximum of 2 adults & 4 children per application. An email con� rmation will be sent to you once we receive your application.

Total no. of children attending: (aged 3-16yrs) (under 3yrs) Total no. of children attending: (aged 3-16yrs) (under 3yrs) Total no. of children attending: (aged 3-16yrs) (under 3yrs) Total no. of children attending: (aged 3-16yrs) (under 3yrs) Total no. of children attending: (aged 3-16yrs) (under 3yrs) Total no. of children attending: (aged 3-16yrs) (under 3yrs)