Community Lending
Supporting Our Local Community Projects
Together building a Better Tomorrow for our Community. Loans available at our lowest rate of 4.5% APR.
The Naomh Breandan Credit Union community loan product offers capital to our local community or voluntary organisations established to benefit
individuals' social, economic, or environmental well-being within our common bond.
Whatever your needs
Our Community Loan has been designed to offer local community groups, organisations, and charities access to capital to help make their vision become a reality.
This loan has been developed to support projects and initiatives within the following areas: sport and recreation, culture and heritage, the arts, health of the community, natural environment projects and youth, welfare, and amenities.
Why choose Community Loan
- Simple and quick loan application process
- We don’t charge any administration fees or charges
- Your community group can repay the loan earlier without penalties
- By borrowing from the credit union, you support your local community
Loan Application Process
Step
1
Become a Member
Join Naomh Breandan Credit Union and avail of numerous tailored benefits, outstanding customer service and amazing community
Step
2
Calculate your Loan
Estimate how much you could borrow and calculate your repayments: weekly, fortnightly, or monthly using our online calculator
Step
3
Apply for a Loan
Apply for your loan in-person, over the phone or from the comfort of your home through our mobile app or online loan application form.
Step
4
Sit back and relax
Voilá! You are done! Our team are now reviewing your application, we will be in touch shortly to confirm your loan application.
It's quick and simple to apply online for a loan!
Apply for your loan from the comfort of your home or on-the-go. Alternatively, come into our office to speak with a member of staff and apply for a loan in person.
If you are unsure about your documentation, or still have other questions, click on "Contact Us" button below to send us a message.
Calculate Your Loan Repayments
Apply for a loan today with interest rates that suit you!
Maximum Loan Term :
4.5%
4.5%
4.5%
This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this calculator only provides an indicative quote and actual repayments may vary.
The benefits of a Community Loan with us are
Simple and quick loan application process
Loan repayments scheduled to suit you
There are no hidden fees or transaction charges
Life savings and loan protection insurance provided at no extra cost
We offer very competitive, reasonable and fair rates
Easy application online or in branch
Representative Example
A representative example is a term used in financial regulations. The example will help to show you the typical costs associated with a loan for a certain amount.
Loan Amount
€10,000
Rate of Interest - APR
4.5%
Loan Term
5 years
Total Interest
€1,167
Weekly Repayment
€43
Total Cost of Credit
€11,167
Documents We May Require
- Payslips 3 most recent
- Bank Statements 3 months most recent and up-to-date
- Proof of ID Passport / Drivers Licence / ML10 Form
- PPS Number on official document
Other information may be requested depending on the loan type and amount of the loan
These documents can be uploaded online with the Document Uploader
Ready to Apply?
To log into your online banking you will need your
- Member Number
- Date of Birth
- Online Pin Registration.
Once logged in to your banking area simply select ‘Apply for a loan online’.
Apply NowPersonal Community Loan
A Personal Community Loan is when an individual member is wishing to support their club, school, society, community group or not-for-profit organisation. This could for example be a building project, art mural, club membership, etc. (the loan will be directly paid to the group and needs to benefit the community group).
This loan rate is available at a lower rate of 4.5% APR. Representative example: Borrow €500 over 52 weeks and pay back €9.84 weekly. Total cost of loan €511.25.
Please contact a loans officer for more details and to find all the terms & conditions for the Personal Community Loan.
Naomh Breandan Credit Union Limited is Regulated by the Central Bank of Ireland. Reg No. 135CU
All Loans are subject to approval. Terms & Conditions Apply. Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may limit your ability to access finance in the future. The loan calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. For more information, please contact us at 091 841 773 or at info@naomhbreandancu.ie
