Taking out a Credit Union Loan- The main purpose



  • Members who are over 18 years can apply for a loan at our  Credit Union.   
  • Loans are available to members with over 13 weeks of good savings records.   
  • Any loan must be used for a good, provident or productive purpose.   
  • The member needs to re-pay the loan over an agreed period - MAX 4 years.   
  • Interest is payable at a rate of never more than 12.68% (APR)     
  • Our Credit Union loans also carry Free Life Cover  
  • There are NO set-up fees!  
  • Members can repay a loan early, WITHOUT any penalty being charged!   
  • Members still earn dividend on their savings (shares) during the term of a loan.   
  • A loan will always be tailored to suit a member's own circumstances. 
  • A loan may be re-paid using a Standing Order from the member's own bank. 
  • A Standing Order Mandate Form can be easily downloaded.  (Click here)  
  • Calculate the true cost of a loan using our own Loan Estimator    


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Ayn Rand

Money is the barometer of society’s virtue.

 A creative man is motivated by his desire to achieve,

not by his desire to beat others…..