History2020~Today
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2023.12.18 Jeong Kab-yoon inaugurated as the 23rd Chairman
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2023.12.15 Received the Commendation from the Minister of Education for contribution to Government Student Aid in the creating a foundation for a customized national scholarship system (Private Donor) category
Received the Commendation from the Minister of Education for contribution to the work of Emergency Preparedness(Ulchi-Freedom Guardian) in 2023
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2023.12.14 Awarded the Commendation from the Minister of Trade, Industry and Energy in the general ESG category at the 2023 Sustainable Management Government Award
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2023.12.07 Received the Excellent Institution Award in the Strategic-Innovation category at the 2023 Korea Auditors Conference
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2023.11.30 Received the commendation from the Mayor of Seoul for contribution to promoting the welfare of children in 2023
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2023.11.27 Hosted the 119th representative conference
Launched the Mobile Application(The-K) and the New Website
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2023.11.24 Received the Speaker of the National Assembly Award in the Print External Periodicals category at the 2023 Korea Business Communication Awards
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2023.10.12 Received the Most Outstanding Award in the Non-profit Organization Category at the 2023 Korea SNS Award
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2023.06.12 Launched 3 Plus Alzheimer's Disease Mutual Aid and Simplified 3 Plus Alzheimer's Disease Mutual Aid
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2023.06.01 Revised Long-term Savings Benefit retirement benefit rate: 3.80% → 4.60%
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2023.05.22 Hosted the 12th Korea Teacher's Award ceremony
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2023.03.20 Hosted the 116th representative conference
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2022.12.15 Received the Most Outstanding Institution Award in the Internal Audit (business and accounting) category at the 2022 Korean Public Institution Auditor Conference
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2022.12.09 Acquired the 6th Consumer-centric Management (CCM) certification
The Most Loved Companies in Korea Awards
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2022.12.08 Received the Most Outstanding
Social Value Realization Agency Award (public institution category) at the 2022 Korea Auditors Conference
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2022.11.30 Received the Chairperson’s Award from the Korea Press Foundation in the Print External Periodicals category at the 2022 Korea Business Communication Awards
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2022.11.28 115th representative conference
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2022.07.01 Revised Long-term Savings Benefit retirement benefit rate: 3.74% → 3.80%
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2022.05.20 Hosted the 11th Korea Teacher’s Award ceremony
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2022.03.01 Enacted a revised Installment Plan Loan system (expanded applicable qualification)
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2022.02.01 Increased maximum number of accounts for Lump Sum Benefit from 100 to 300
Increased maximum number of accounts for Retirement Savings Benefit from 60 to 100
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2022.01.03 Opened an e-application system for insurance products on mobile platforms
Opened a new insurance customer service call center in Incheon
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2021.11.25 Hosted the 111th representative conference
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2021.11.24 Won the Grand Prize at the 2021 Korea Business Communication Awards Received the Minister of Culture, Sports and Tourism Award in the Organization History category
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2021.11.21 Received the Grand Prize at the US LACP 2021 Spotlight Award in the Sustainability Report category
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2021.06.30 Published the 50-year history of the Korea Teachers' Credit Union
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2021.05.28 Hosted the 10th Korea Teacher's Award ceremony
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2021.04.26 Remodeled 2 health insurance products
Launched a SI(simplified issue) comprehensive insurance product
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2021.04.22 Hosted “The-K Forest” campaign to celebrate the 50th anniversary of the Korea Teachers’ Credit Union’s foundation
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2021.03.15 Held 50th anniversary ceremony
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2020.12.31 Won Grand prize (Internal Auditing (Business Operations and Accounting) Category) at the 2020 Korean Public Institution Auditors Awards
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2020.12.23 Restructured the organization (5 Divisions, 10 Departments, 37 Teams, 5 Regional Headquarters, 18 City/Provincial Offices → 5 Divisions, 10 Departments, 38 Teams, 6 Regional Headquarters, 18 City/Provincial Offices)
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2020.12.09 Acquired the 5th Consumer-centric Management (CCM) certification
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2020.12.04 Won the Silver Prize at the 15th Korea Ecological Architecture Award
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2020.11.12 Kim Sang-gon inaugurated as the 22nd Chairman
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2020.11.03 Remodeled 5 comprehensive welfare benefit insurance products
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2020.06.15 Launched the health checkup partnership service
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2020.06.04 Implemented Corporate Deposit Benefit system
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2020.05.22 Hosted the 9th Korea Teacher's Award ceremony
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2020.02.20 Remodeled 4 comprehensive insurance products
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2020.02.17 Won the Grand Prize at the 2018/19 US LACP Vision Awards (Sustainability Report category)
Won the Gold Prize at the 2018/19 US LACP Vision Awards (Best Report Narrative category)
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History2010~2019
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2019.12.11 Received the Korea Standards Association Chairperson’s Award for Government Award category at the 7th
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2019.12.09 Received the Special Korea Business Communications Association Chairperson's Award at the 2019 Korea Business Communication Awards
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2019.11.25 110th representative conference
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2019.09.01 Revised the computation method for Long-term Savings Benefit payments from an Annual multiplier system to an Interest rate system
Increased maximum number of accounts for Long-term Savings Benefit from 1,000 to 1,500
Revised the Long-term Savings Benefit retirement benefit rate from 3.60% to 3.74%
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2019.07.12 Received the Most Outstanding Award for credit unions at the 6th Korea Fund & Asset Management Awards
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2019.07.02 Launched a specialized Dementia Insurance, and a Simple Subscription Dementia Insurance
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2019.07.01 Restructured the organization, including a new Compliance Division and Member Business Strategy Division
(3 Divisions, 10 Departments, 35 Teams, 6 Regional Headquarters, 18 City/Provincial Offices → 5 Divisions, 10 Departments, 37 Teams, 5 Regional Headquarters, 18 City/Provincial Offices)
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2019.05.31 Hosted the 8th Korean Teachers’ Awards ceremony
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2019.05.03 Launched a new Cancer Insurance
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2019.03.25 109th representative conference
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2018.12.14 Acquired the 4th Consumer-centric Management (CCM) certification
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2018.11.26 108th representative conference
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2018.11.02 Won Grand Prize (Mutual Aid Category) at the 5th Fund · Asset Management Award
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2018.11.01 Launched a Mental Illness Care Insurance
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2018.10.01 Cha Sung-Soo inaugurated as the 21th Chairman
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2018.09.04 Enlargement implemented The-K Welfare Loan
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2018.05.23 Hosted the 7th Korean Teachers’ Awards ceremony
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2018.05.15 Launched the Perfect Insurance for Teachers and Staff
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2018.03.22 The-K Tower Open
107th representative conference
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2018.03.19 Restructured the organization, including a new Fund Management Strategy Division
(2 Divisions, 10 Departments, 33 Teams, 6 Regional Headquarters, 18 City/Provincial Offices → 3 Divisions, 10 Departments, 35 Teams, 6 Regional Headquarters, 18 City/Provincial Offices)
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2018.03.01 Implemented Installment Plan Loan
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2017.12.06 Received the award for best new company magazine at the 2017 Korea Business Communication Awards
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2017.12.05 Received the award for sustainability management at the 2017 Korea Management Awards
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2017.12.01 Awarded a Presidential Citation on the 22nd Consumer Rights Day
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2017.11.27 106th representative conference
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2017.11.15 Won the Other Public Organization Award at the 2017 Korea Social Media Awards
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2017.11.06 Launched healthcare service
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2017.09.01 The-K Magazine Foundation
Won Most Outstanding Prize (Mutual Aid Category) at the 4th Fund · Asset Management Award
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2017.07.17 Ceased publication of the Korea Teachers’ Newspaper
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2017.07.10 Launched a Simple Subscription Insurance for Teachers and Staff, and Health Insurance for Teachers and Staff at Kyowon Life
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2017.07.05 105th representative conference
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2017.06.22 6th Korean Teacher's Award ceremony
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2017.03.20 104th representative conference
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2016.12.22 Acquired the 3rd accreditation of CCM
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2016.11.21 103rd representative conference
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2016.06.09 Won Grand Prize at the 10th National Sustainability Management Conference
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2016.05.23 Hosted the 5th Korean Teachers’ Awards ceremony
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2016.04.01 Implemented The-K Welfare Loan
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2016.03.24 Moon Yong-lin inaugurated as the 20th Chairman
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2016.03.21 102nd representative conference
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2016.01.29 Acquired the Information Security Management System (ISMS) certification
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2015.11.30 101st representative conference
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2015.10.30 Opened webpage for notification of management information
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2015.08.21 20th anniversary for Insurance Business / announcement of insurance brand "Teacher's Life"
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2015.07.21 20th anniversary for The-K Hotel Gyeongju
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2015.07.01 Increased maximum number of accounts for Long-term Savings Benefit from 700 to 1,000
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2015.06.30 Won Grand Prize at the 9th National Sustainability Management Conference
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2015.06.24 Won Grand Prize (Mutual Aid Category) at the 2nd Fund · Asset Management Award
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2015.05.20 4th Korean Teacher's Award ceremony
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2015.03.23 100th representative conference
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2015.03.01 Implemented Long-term Savings Benefit After Retirement system
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2014.12.11 Acquired reaccreditation of CCM
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2014.11.24 99th representative conference
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2014.10.23 3rd Korean Teacher's Award ceremony
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2014.09.30 Opened Kyunggi Center
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2014.07.01 Opened Kyunggi North Branch
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2014.05.28 Won Grand Prize (Mutual Aid Category) at the 1st Fund · Asset Management Award
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2014.04.01 Restructured the organization, including a new Overseas Investment Department
(2 Divisions, 9 Departments, 30 Teams, 6 Regional Headquarters, 17 City/Provincial Offices → 2 Divisions, 10 Departments, 33 Teams, 6 Regional Headquarters, 18 City/Provincial Offices)
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2014.03.24 98th representative conference
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2014.03.14 Held 43rd anniversary ceremony and announced CI
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2014.02.27 Held Conference on 2014 Business Strategy and Investment Plan
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2014.01.15 Launched 2020 Future Planning Task Force
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2013.12.04 Won the Most Outstanding Advertisement Prize and Most Outstanding Public Campaign Prize at the 2013 Korea Business Communication Awards
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2013.11.28 Won Grand Prize (Broadcasting/Education Category) at the 2013 Korea Internet Communication Satisfaction Index Award
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2013.11.05 Won Grand Prize at the 2013 Public Service Award
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2013.09.30 Rhee Q-Taek inaugurated as the 19th Chairman
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2013.09.02 Released Indexed Savings Benefit
Opened Convention Center at The-K Hotel Seoul
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2013.08.26 Won the Most Outstanding Prize (Public Institution Category) at the 3rd Korea SNS Awards
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2013.07.09 96th representative conference
Designated as an organization exempted from integrity assessment
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2013.05.29 2nd Korean Teacher's Award ceremony
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2013.04.05 Announced The-K Hotel Seoul brand
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2013.04.01 Released Centennial Happiness Insurance
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2013.03.25 95th representative conference
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2013.03.15 Held 42nd anniversary ceremony
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2013.03.01 Launched "The-K Happiness Service" a life · culture · welfare service brand
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2013.02.21 Won 1st Prize at Integrity Assessment for Public Institutions for two consecutive years
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2012.12.27 Won Grand Prize for 2012 Love Share Social Contribution Award
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2012.12.11 Acquired CCM certification
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2012.12.06 Won Grand Prize (Public Blog Category) at the 2012 Web Award Korea
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2012.11.27 Gyeongju Hotel BI proclamation ceremony
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2012.11.26 94th representative conference
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2012.11.05 Ethics Day celebration
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2012.10.12 Conducted 2012 regular parliamentary inspection of the administration
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2012.07.19 Hosted a ceremony to announce the new Consumer Centered Management (CCM) system
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2012.07.18 Opened KTCU Facebook and Twitter
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2012.06.12 Selected as the highest-rated institution for integrity at the founding ceremony of the Anti-Corruption and Civil Rights Commission's Integrity Leaders’ Club
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2012.05.11 1st Korea Teachers Award ceremony
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2012.05.09 Business cooperation with Korean Council for University Education
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2012.05.01 Launched new children/senior citizen insurances
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2012.04.17 Business cooperation with The-K Non-Life Insurance, Renault Samsung Motors, and Hana Bank
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2012.02.01 Comprehensive call center for customer service in the cities and provinces
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2011.12.15 Business cooperation with Military Mutual Aid Association
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2011.12.14 Selected as having the highest level of integrity among public institutions
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2011.11.22 Business cooperation with Hana Financial Group
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2011.12.02 Won 2011 Customer Satisfaction Management Award
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2011.10.07 Received the Comprehensive Award at the 2011 Korea Sustainability Management Awards
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2011.07.07 Announced “The-K,” an integrated brand for Union subsidiaries
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2011.05.19 Announced amendments to the Korea Teachers and Staff Mutual Aid Association Act (Law No. 10643)
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2011.05.11 Hosted the 7th Korea Education Awards
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2011.03.15 Held 40th anniversary ceremony
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2011.03.01 Restructured the organization (2 Divisions, 8 Departments, 26 Teams, 16 City/Provincial Offices → 2 Divisions, 8 Departments, 30 Teams, 16 City/Provincial Offices)
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2010.12.09 Selected as best institution for integrity
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2010.09.25 Kim Jeong-Ki inaugurated as the 18th Chairman of KTCU
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2010.06.29 Acquired 2010 web accessibility quality mark
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2010.05.13 6th Korean Education Award ceremony
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2010.05.06 Signboard hanging ceremony of Manwolsan Tunnel
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2010.02.09 Renamed the company from “Kyowon Nara Venture Investment Co., Ltd.” to “Kyowon Nara Investment Co., Ltd.”
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2010.02.05 Won Grand Prize at the Korea Ethics Management Award
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2010.01.01 Opened KTCU blog 'Attic of Educational Personnel'
Launched “Yedaham” mutual aid services via The K Life Co., Ltd.
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History2000~2009
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2009.11.24 Won Grand Prize at the Korea Ethics Management Award
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2009.10.27 Won Grand Prize at the Korea Ethics Management Award
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2009.10.10 Won Grand Prize at the Korea Ethics Management Award
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2009.09.01 Won Grand Prize at the Korea Ethics Management Award
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2009.07.14 Won Grand Prize at the Korea Ethics Management Award
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2009.05.13 Won Grand Prize at the Korea Ethics Management Award
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2009.04.01 Won Grand Prize at the Korea Ethics Management Award
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2009.03.30 Won Grand Prize at the Korea Ethics Management Award
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2008.11.05 The-K Non-Life Insurance CI proclamation ceremony
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2008.05.14 4th Korean Education Award ceremony
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2008.03.01 Launched cancer insurance 'Cancer Mutual Aid for Educational Personnel
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2007.09.25 Lee Jong-seo inaugurated as the 17th chairman
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2007.07.16 Launched female insurance 'Female Love Mutual Aid for Educational Personnel'
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2007.06.13 3rd Korean Education Award ceremony
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2007.05.15 Launched pension-type insurance 'Income Guarantee Mutual Aid for Educational Personnel'
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2007.05.10 Grand opening of Sophia Green Country Club
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2007.04.10 Business cooperation with Hanwha Resort Grand opening of Sophia Green Country Club
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2006.10.01 Launched remodeling insurance product
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2006.08.02 Completion ceremony of Sophia Green Country Club
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2006.05.12 2nd Korean Education Award ceremony
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2006.04.10 Launched silver insurance 'Silver Insurance for Educational Personnel'
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2006.03.16 Grand opening of Sophia Green Country Club
Established The Third Age Corp.
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2005.11.01 Implemented children's insurance 'Children Mutual Aid for Educational Personnel'
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2005.10.19 Acquired shares in Samyang Foods
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2005.08.02 Participated in Jinro M&A Hite consortium
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2005.05.06 1st Korean Education Award ceremony
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2004.10.01 Enforced regular insurance 'Regular Mutual Aid for Educational Personnel'
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2004.09.25 Kim Pyeong-Su inaugurated as the 16th Chairman of KTCU
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2004.06.23 Opened Incheon Cheonma Tunnel
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2004.04.01 Enforced accumulative (pension, life) savings plan
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2004.02.04 Hosted a declaration ceremony for the renaming of the company to The Korean Teachers' Credit Union
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2004.01.20 Renamed the company from the “Teachers' Credit Union” to “The Korean Teachers' Credit Union”
Proclaimed revision of Korean Teachers' Credit Union Act (Law No. 7070)
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2003.12.26 Acquired stocks in New Airport Highway
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2003.12.01 Launched Kyowon Nara Car Insurance (Educar)
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2003.11.01 Enforced whole life insurance 'Whole Life Mutual Aid for Educational Personnel'
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2003.10.09 Opened Jirisan Family Hotel
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2003.07.01 Opened Ramada Plaza Jeju Hotel
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2003.03.21 Lee Kee-Woo inaugurated as the 15th Chairman of KTCU
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2002.12.10 Opened the Daejeon Center
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2002.05.01 Opened Teachi-call service
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2001.12.01 Started issuing the LG Teachers’ Welfare Card
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2001.10.09 Kyowon Nara Leisure Development
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2001.07.10 Opened Gangwon Building
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2001.06.29 Opened Spa World, annex to Gyeongju Education and Culture Center
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2001.06.28 Exceeded 100 million accounts of long-term deposit payment accounts
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2001.04.10 Published "Teachers' Credit Union 30th Year"
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2001.04.01 Expanded long-term deposit payment accounts (300 accounts → 500 accounts)
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2001.03.16 Opened "Kyowon Nara", an internet web portal designed exclusively for teachers
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2001.01.01 Enforced welfare loan service and subsistence savings
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2000.06.28 Proclaimed enactment of membership service charter
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2000.05.02 Managed membership call center for integrated welfare payment
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2000.01.10 Cho sun-je inaugurated as the 14th chairman
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History1990~1999
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1999.12.21 Opened Jeonbuk Office
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1999.11.01 Discontinued the PC communication service and opened an Internet website (www.ktmf.or.kr)
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1999.06.21 Completed verification of computer system Y2K problem
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1999.04.07 Amended the Articles of Incorporation (no. of representatives: 75 → 79)
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1999.03.01 Implemented comprehensive welfare payment guaranteed for groups
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1998.12.31 Discontinued new memberships of scholarship benefit system
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1998.06.03 Changed title from “Teachers' Credit Union Newsletter” to “Korean Teachers’ Credit Union Newspaper”
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1998.03.01 Expanded long-term deposit payment accounts (150 accounts → 200 accounts)
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1998.02.10 Restructured the organization to help overcome the IMF crisis (4 Divisions, 10 Departments, 26 Teams → 4 Divisions, 8 Departments, 22 Teams)
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1998.01.01 Expanded limitation for retirement savings benefit to KRW 300 million, lump sum benefit KRW 100 million
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1997.06.30 Closed Korea Science Teaching Aid Organization
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1997.05.12 Held a small commemorative dinner to which outstanding teachers were invited
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1997.04.04 Opened Daegu Office
Expanded long-term deposit payment accounts(120 accounts → 150 accounts)
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1997.01.13 Kim Ha-jun inaugurated as the 13th chairman
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1996.07.01 Lee Cheon-soo inaugurated as the 12th chairman
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1996.02.13 Opened Gyeongnam Office
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1996.02.07 Opened Incheon Office
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1996.01.01 Opened Seorak Education and Culture Center (renovated as a family hotel)
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1995.09.01 Implemented comprehensive welfare payment system
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1995.07.10 Opened Gyeongju Education and Culture Center
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1995.03.01 Adjusted maximum amount insured for retirement savings benefit (KRW 100 million → 200 million)
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1994.10.01 Installed and managed voice mailing system (VMS)
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1994.04.19 Signed contract for co-brand card with BC Card
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1993.12.02 Signed contract for co-brand card with BC Card
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1993.07.02 Park Yong-jin inaugurated as the 11th chairman
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1993.03.29 Exceeded 400,000 members
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1993.01.01 Expanded long-term deposit payment accounts (80 accounts → 120 accounts)
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1992.10.05 Published Korea Teachers' Mutual Fund 20-Year History
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1991.06.01 Expanded limitation for retirement savings benefit to KRW 100 million, lump sum benefit KRW 50 million
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1991.04.06 Kim Young-sik inaugurated as the 10th chairman
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1991.03.16 Opened Seoul Education and Culture Center
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1990.05.20 Produced and aired TV commercial to promote respect for teachers
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1990.05.01 Produced song tape of 'My Teacher My Alumni' to promote an atmosphere wherein teachers are respected and supplied the tapes to schools nationwide
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1990.04.20 Assets exceeded KRW 1 trillion
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1990.03.17 Exceeded 20 million accounts of long-term deposit payment accounts
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1990.03.01 Quota participation in Kyowon Nara Venture Capital (former International Venture Capital)
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1990.01.01 Expanded long-term deposit payment accounts (50 accounts → 80 accounts)
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History1980~1989
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1989.12.31 Provided special additional money of KRW 30.882 billion for 325,991 members
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1989.08.16 Provided compensation for members who suffered flood damage (KRW 45.7 million for 457 people))
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1988.08.29 Established labor union
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1988.06.30 Exceeded 300,000 members
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1988.04.05 Son Sung-sik inaugurated as the 9th chairman
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1988.03.02 Inaugurated "Award of Volunteer and Trust"
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1987.04.01 Implemented Retirement Savings Benefit system
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1985.11.01 Held awards ceremony for the 4th Teachers' Memoirs
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1985.07.12 Opened Busan Office
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1985.03.16 Son Sung-sik inaugurated as the 8th chairman
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1984.10.26 Held awards ceremony for the 3rd Teachers' Memoirs
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1984.02.20 Exceeded 5 million accounts of Long-term Savings Benefit payments accounts
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1983.10.31 Held awards ceremony for the 2nd Teachers' Memoirs
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1983.10.18 Chung Tae-soo inaugurated as the 7th chairman
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1983.07.01 Expanded long-term deposit payment accounts (30 accounts → 50 accounts)
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1983.03.16 Implemented Lump Sum Benefit system
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1982.12.21 Held awards ceremony for the 1st Teachers' Memoirs
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1982.08.01 Changed name from "Teachers' Credit Union Newsletter" to "Teachers' Welfare News"
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1982.07.26 Opened Seoul Dongwon Assembly House
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1982.03.19 Opened the Seorak Youth Hostel
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1981.12.17 Exceeded 2 million accounts of long-term deposit payment accounts
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1981.07.01 Established service center for members
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1981.05.30 Exceeded 200,000 members
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1981.04.27 Kim Han-joo inaugurated as the 6th chairman
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1981.03.16 Published "Teachers' Credit Union 10-Year History"
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1981.01.01 Expanded long-term deposit payment accounts (15 accounts → 30 accounts)
Retroactive addition of allowance rate by 1 year according to the increment
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1980.09.18 Exceeded 1 million accounts of long-term deposit payment accounts
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1980.01.01 Expanded long-term deposit payment accounts (10 accounts → 15 accounts)
Retroactive addition of terms of policy by 1 year according to the increment
Changed name to "Credit Union Newsletter" to "Teachers' Credit Union Newsletter" (published monthly)
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History1970~1979
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1979.01.01 Established and implemented scholarship benefit system
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1978.09.02 Relocated headquarters (from Suha-dong to the present building in Yeouido)
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1978.05.31 Assets exceeded KRW 20 billion
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1978.02.16 Go Gwang-deuk inaugurated as the 5th chairman
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1977.06.22 Started computerization of member tasks
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1976.06.22 Exceeded 150,000 members
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1976.03.16 Assets exceeded KRW 10 billion
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1976.02.21 Moon Hee-seok inaugurated as the 4th chairman
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1976.01.01 Combined Korea Science Teaching Aid Organization and Korea Teaching Material Development Organization
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1975.10.30 Building completion ceremony of the Korea Science Teaching Aid Organization plant
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1975.07.01 Started computerization of tasks
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1975.03.01 Expanded limitations of long-term deposit payment (5 accounts →10 accounts)
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1974.11.29 Permitted establishment of Korea Science Teaching Aid Organization (Minister of Education)
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1974.03.18 Moon Hee-seok inaugurated as the third chairman
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1973.01.05 Established Korea Teaching Material Development Organization
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1972.07.10 Song Jung-beom inaugurated as the second chairman
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1972.02.01 Published the first issue of 'Credit Union Monthly Report'
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1971.09.07 Integrated mutual aid associations of Korean Federation of Education Association
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1971.07.15 Integrated Teachers' Credit Unions of Korean middle schools
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1971.06.01 Implemented Long-term Savings Benefit system
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1971.03.16 Inaugural assembly, Lim Young-shin inaugurated as the first chairman
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1971.01.22 Proclaimed Korean 'Teachers' Credit Union Act (Law no. 2296)
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