Loan Secured By Savings

5% variable (5.11% typical APR)

Secure Your Savings

If you have gone to the effort of building up savings over time, why dip into them the first time you need some money?

While it may be tempting to withdraw your savings, it’s not always the right thing to do.

Some members use their savings as security (collateral) against a loan.

Not only do they benefit from a lower interest rate than a regular loan, they get to keep the Life Insurance they have accrued with their savings.

Loan Secured By Savings Features

  • Maximum loan term 5 years

  • Maximum Loan €100,000

  • Free Loan Protection Insurance (Terms and Conditions Apply)
  • No penalty for early repayment
  • Flexible Lending terms
  • Quick and Decisive Decision Making, our approval target is within 24 hours upon receipt of the required financial information

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 online calculator.

3. Apply for Loan

Apply for your loan from the comfort of your home or in one of our 11 branches. Applying for a loan is easy and quick. Apply now

4. Sit back and relax!

The decisions are made quickly on loan applications, usually within 24 hours.

Loan Secured By Savings – 5% variable (5.11% typical APR)

Representative Example

A 5 year Car Loan of €70,000 will have 260 weekly repayments of €304.41, Interest 5% variable, (5.11% APR). If the APR does not vary during the term of the loan the total cost of credit is €9,147. The total amount payable is €79,147.

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


5.11% variable

5 Years




How to Apply?


The fastest way to apply is on our Mobile App or via your Online Account.

Call Us

Call us during office hours on

Email Us

Send an email with your loan details to us at

Visit Us

Call into any of our 11 branches throughout Limerick and Kerry with all your required documentation.