Instead of withdrawing your savings, put them to use against a Covered Loan.
It can take a long time to build up your savings, so when it comes time to making that big purchase you may be reluctant to withdraw your savings. With a Covered Loan from Rathkeale & District Credit Union, you don’t have to.
Our Covered Loan is a cost-effective way of access funds while leaving your savings intact and available for other purposes. You are allowed to borrow up to the value of your savings at a special reduced rate of interest while continuing to earn a dividend on your savings. Available at SPECIAL REDUCED RATE of 6.4% A.P.R.