Looking for a loan? Instead of blowing your savings, take cover.

Saving money takes time, effort and willpower. So when it comes to making an expensive purchase, many savers are reluctant to undo all their good work. That’s why we offer what’s known as a Covered Loan.


This loan gives you access to the money you need, while leaving your savings intact. You can borrow up to the value of your savings, pay a discounted interest rate and your savings will still be there for you when you’re finished paying your loan.


A Covered Loan makes good sense – there’s evidence that it’s easier to repay a loan than replace savings, and it puts your savings off-limits (and out of temptation’s way) until your loan is fully paid. Nice!


  • Instant loan approval
  • Low interest rate
  • Flexible repayment options
  • Interest still paid on your savings
  • Use the loan for whatever you want


Promotional Covered Loan 6.99% (7.24% APR*) Representative Example


*APR = Annual Percentage Rate. Normal lending criteria, terms and conditions apply.


Click here for Covered Loan Terms and Conditions.

Applying for a loan. We’ve made it quicker and easier than ever.

Quick Apply Online

From your PC, tablet or smartphone, you can apply for a loan online in a matter of minutes. Just tell us how much you’d like to borrow, punch a few numbers into the loan calculator, then sit back and relax. We’ll take it from there.

24 Hour Call Back

We’ll then be in touch with you to find out more about you and your finances. For instance, to make sure we have your details up to date, and to get information about your household’s income and outgoings.


Once your documents are approved, your loan will be finalised and the funds could be in your bank account within as little as one business day.

Peace of Mind

Worried you won’t meet your repayments? Don’t fret.


At the Credit Union we are all about helping people. You can borrow from us with the comfort of knowing that if you ever face any difficulties making your repayments you will always receive a sympathetic ear and a constructive approach to making alternative arrangements.


You can call our dedicated arrears team on (01) 851 3400.

Call us now