Available Loans

The Standard Loan Rate of 8.9% (9.3% APR) is available for a range of purposes including, but not limited to:

• Holidays
• Cars
• Small Home improvements; up to €40,000
• New furniture or appliances
• Christmas expenses
• Family occasions e.g. Weddings, Communions, Confirmations etc.
• Annual insurance costs

The Student Loan Rate of 5.95% (6.2% APR) is available to those going back to school/college to get the qualification they always wanted, or starting college for the first time after completing their Leaving Cert.

The Large Home Improvement loan rate of 6.99% (7.2% APR) is available for loans between €40,000 to €75,000 to improve/renovate your main private residence. Now could be the time to get that new kitchen or attic conversion you have been dreaming of.

The Share Secured loan rate of 5.95% (6.2% APR) is available for loans fully secured by shares for the full duration of the loan. Make the most of those hard-earned savings by availing of this reduced rate.

Cultivate is an initiative of a group of Credit Unions that provides
short to medium term loan opportunities built specifically around the growing needs of our farming members. Whatever your needs:

• Invest in new or second hand machinery
• Upgrade your buildings and facilities
• Purchase additional livestock
• Obtain working capital
• Increase cash flow

Requirements for a member when applying for a loan: Maximum loan amount: €50,000, Loan term: 7 years, Rate 6.55%, Apr: 6.75%

• Download Agri Fact Find
• Documentation Required

The Debt Consolidation loan rate of 6.99% (7.2% APR) is available for loans between €20,000 and €75,000 to help you bring your debts under control with one loan and one weekly/fortnightly/monthly repayment.

The Business loan rate of 8.9% (9.27% APR) is available for business-related loans up to €40,000. If it is a new business, the maximum loan is €24,999. A Large Business loan of between €40,000 and €75,000 is available at 6.99% (7.2% APR). Under the current pandemic circumstances, businesses are facing many challenges, please contact us to discuss whether the credit union may be in a position to help with such a business loan.

Community is the foundation stone of the credit union and the Community loan rate of 2.95% (2.99% APR) is available for clubs or societies seeking to invest in their groups.

The House loan rate of 5.95% (6.2%) is available on loans up to €100,000 for the purchase of your private residence and must be secured by a legal charge on the property. This type of loan could also be used for a major renovation of your existing private residence.