Why Borrow from us?

The answer is simple – we offer very good value.

There is a wide choice of borrowing facilities available to members. Interest rates are very competitive and vary with each loan type. The main advantages of a credit union loan are:

  • Competitive interest rates
  • Repayments calculated on the reducing balance of the loan. This means smaller interest repayments as the loan is repaid
  • No hidden fees or transaction charges
  • No penalty for early repayments
  • Flexible repayment options to suit your particular circumstances
  • Free life assurance, subject to terms and conditions, on the loan balance

The added benefits of borrowing from Rathkeale & District Credit Union make our loans very attractive.

Loan Types

Standard Loan

Rate of 10.20% (Typical APR of 10.7%)

Covered / Secured Loan

– Rate of 6.2% (Typical APR of 6.3%)
– Security is required

Holiday Loan

– Rate of 10.5% (Typical APR of 11.06%)
– Small and Large Loans catered for

Business Loan

– Rate of 6% (Typical APR of 6.18%)

Reduced Rate Community Loan

– Rate of 5.90% (Typical APR of 6.1%)
– Loans are available for community projects and organisations at a reduced rate

Large Loan

– Rate of 9.95% (Typical APR of 10.38%)
– The rate applies if you are borrowing € 15,000 or more

Car Loan

– Rate of 10.2% (Typical APR of 10.7%)
– Available for new and used (Up to 5 years old) vehicles

Educational Loan

– Rate of 6% (Typical APR of 6.18%)
– Our educational loans are designed to meet all of your education or training needs, whether it is Back-to-School expenses, Student Loans or Returning to Third Level Education
– Available for Back-to-School Expenses; including uniforms, books, laptops, iPads etc

Home Improvement Loan

– Rate of 10.20% (Typical APR of 10.7%)
– Small and Large Loans catered for

Wedding Loan

– Rate of 10.20% (Typical APR of 10.7%)

How Do I Apply for a Loan?

Call into one of our three branch offices in Rathkeale, Adare or Croom to make an application with the assistance of one of our staff members. To ensure that the application can be processed as fast as possible members are advised to bring all the relevant documentation as set out below;


  • 3 current payslips
  • Bank statement showing last 3 months transactions
  • If self employed, most recent set of accounts.


Or call your local branch office with your account number, and a member of staff will take your application over the phone.

Like all Credit Unions our loan approval process is governed by internal policies as well as requirements set out in law. We do our best to make a quick decision on your application. All applications are treated confidentially and on their own merits. The key consideration is a member’s ability to make the loan repayments over the term of the loan.

Under the Credit Reporting Act 2013 lenders are required to provide personal and credit information for credit applications and credit agreements of €500 and above to the Central Credit Register. This information will be held on the Central Credit Register and may be used by other lenders when making decisions on your credit applications and credit agreements.