Go Green Loan
Borrow for a home energy retrofit or an eco-friendly car if you live or work within the local membership area around Malahide.
Use the loan to retrofit your home to improve its energy rating, or to buy an eco-friendly car. You can borrow €10,000–€100,000 and must repay the borrowed money plus interest. The published variable interest rate is 6.2%, with a typical annual percentage rate (APR) of 6.38%.
The lender offers weekly, fortnightly or monthly repayments and charges no penalty for early repayment. Its representative five-year €20,000 loan has weekly repayments of €89.37 and a total repayment of €23,271, including €3,271 interest, if the APR stays unchanged throughout the term. Your actual repayments may differ. Missed repayments put your account into arrears and may affect your credit rating and future access to credit.
Eligibility
You must become a member of Malahide Credit Union. You qualify for membership by living or working within its common-bond area. The northern boundary follows the Estuary as far as Malahide Rugby Club, including Seabury Estate; the western boundary follows the Swords road as far as and including Waterside Estate. Kinsealy, Feltrim and The Baskin are included. To the east, the area extends as far as and includes Rob’s Wall, Broomfield, Blackwood Lane and The Grange.
To join, provide identification, proof of address and official correspondence showing your Personal Public Service (PPS) number, and pay the €2 joining fee. A valid passport or driving licence is accepted for identification. Address proof must be dated within six months; mobile phone bills are accepted, but life or health insurance documents, TV licences and car-related documents are excluded. Provide PPS number proof for each person named on the account; a government or Revenue document, employer payslip, European Health Card or GP Visit Card is accepted, but a Public Services Card is not.
All loans require the credit union’s approval and are subject to its terms and conditions.
How to apply
- Status
- Open continuously
- Round restrictions
- Membership and loan approval are required.[^c4][^c7]
New members can join through the credit union’s website or mobile app and then apply for a loan. Existing members can apply through their cuOnline account or the mobile app; register for online banking first if needed. Use the application page to reach these routes, or call Malahide Credit Union during office hours on 01 845 1400.