Deposits
Tartu Credit Union offers its members the opportunity to deposit their funds as a 1 year term deposit. It is a secure way to deposit your money and earn considerable interest. At the same time, the members always have the option to terminate the deposit before the maturity date. However, in such case, they lose the interest. The Credit Union is currently offering one deposit product:
| Deposit |
Interest rate |
| 1 year term deposit |
7% per year* |
* According to law, income tax is charged on the interest received by a private person on their deposits in credit unions. Therefore, the income tax on the interest is withheld by Tartu Credit Union on behalf of our clients and paid to the Estonian Tax Board. The depositor will receive the net amount of the interest.
How to deposit money?
In order to deposit money into Tartu Credit Union, you have to be a member of the Credit Union. If you are not a member already, you have to become one. The procedure is very simple (click here for more information). Having been accepted into the Credit Union, a new deposit account is opened for the member and the deposit contract is signed. It is possible to make additional contributions to the deposit account any time. In such case, the same interest calculation applies to both additional contributions and the term deposit until the end of the deposit contract.
Who should I contact?
In order to deposit your money, we are asking you to kindly visit our offices in
All applications can be submitted online as well. The necessary documents can be found at the bottom of this page. All the documents submitted online have to be digitally signed. The documents should be sent to the following e-mail address: info@yhistupank.ee.
Questions
Should there be any questions, please feel free to contact our customer service (+372 740 7132) or send an e-mail to info@yhistupank.ee.
Documents
