Secured Loan

Make your savings work for you.

Our Secured Loan is available to members who have savings with the credit union, and who wish to borrow up to the amount held in their savings.

The savings will be held by the credit union as collateral for the outstanding loan balance during the term of the loan i.e. it’s share secured.

Secured Loan Features

  • Maximum loan term of 10 years.

  • Free Loan Protection Insurance (terms and conditions apply).

  • No penalty for early repayment.

  • Flexible lending terms to suit your needs.

  • Quick decisions on applications, with most approved within 24 hours once all required information is received.

Loan Application Process

1. Become a Member

Once you are living or working within our common bond you are eligible to join us today and start borrowing.

2. Calculate Your Loan

Estimate how much you could borrow and calculate your repayments: weekly, fortnightly or monthly using our calculator.

3. Apply For Loan

Apply for your loan from the comfort of your home or in one of our 3 branches. Applying for a loan is easy and quick.

4. Sit Back and Relax

We aim to provide fast decisions on loan applications, with most being processed and approved within 24 hours.

Secured Loan – 6% variable (6.16% typical APR)

Loan Amount Interest Rate Loan Term Total Interest Weekly Repayment Total Cost

€25,000

6% variable

5 Years

€3,951

€111.35

€28,951