June at Malahide CU
In June, 28 new members chose to open accounts with us here in Malahide Credit Union.
• 20 were Adult Members
• 8 were Juvenile Members
A big welcome to all our new members.
We are actively lending, and last month, we issued €335,375 in loans to 64 happy members.
Our Loan Book is Open.
- Published in Latest News
The ‘It Makes Sense’ Loan
There are times in life when you need to borrow. When life throws you a curve ball and you need a loan in a hurry.
Now, there is a real choice. An option that puts you back in control. Your local credit union. The IT MAKES SENSE loan aimed at people in receipt of social welfare.
Say goodbye to expensive loans which can cost up to 188% APR and say hello to a lower rate of 10.5% APR.
WHAT IS THE “IT MAKES SENSE LOAN”?
The scheme is open to anyone to apply who is over 18 years of age, who is in receipt of social welfare and who qualifies for deductions to be made through the Household Budget Scheme. The Household Budget Scheme is run via An Post. A borrower must be willing to sign up to and use the Household Budget Scheme to enable loan repayments to be made. Loans can be granted quickly, typically within the same visit, but within a maximum of 24 working hours of making the loan application. The loan can be for any purpose including to repay an outstanding debt.
The minimum loan amount is €100 and the maximum amount which can be borrowed is €2,000. Loan repayments for the IT MAKES SENSE loan are paid via deductions from the borrower’s social welfare via the Household Budget Scheme. The maximum deduction allowed under the Household Budget Scheme is 25% of total applicable social welfare payments.The minimum loan period is one month and the maximum period is 2 years.
To apply, simply bring two recent social welfare slips (within the previous four weeks) to Malahide Credit Union and you can apply on the spot.
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May at Malahide Credit Union
In May, 21 new members chose to open accounts with us here in Malahide Credit Union.
• 11 were Adult Members
• 10 were Juvenile Members
A big welcome to all our new members.
We are actively lending, and last month, we issued €586,996 in loans to 70 happy members.
Our Loan Book is Open.
- Published in Latest News
GR8 Savers Week
It’s National Credit Union GR8 Savers Week!
The annual initiative aims to encourage children, via their parents & teachers, to develop smart money management and savings habits that will stay with them for life.
Download our Children’s Activity Sheet.
#Gr8Savers #CUDifference
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50th Anniversary Loan Launch
We are delighted to have today launched our new 50th Anniversary Loan product.
You can borrow 25,000 over a maximum of 5 years at 5%.
This is now the best rate in town, and is to help those that have borrowing needs in our community to borrow at competitive rates.
This is a one off limited offer so don’t miss out!
#MCUturns50 #AnniversaryLoan
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New TV Series
Quirky, sad, and heartwarming stories behind Credit Union loans revealed in new RTE documentary series.
The Borrowers kicks off on RTE One this evening at 8.30pm.
Read more here.
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Easter Opening Hours
See below for our Easter opening hours 2019.
- Open until 7pm Holy Thursday 18th April
- Closed Good Friday 19th April
- Closed holy Saturday 20th April
- Closed Easter Monday 22nd April
- Reopening Tuesday 23rd at 10.30am
We would like to apologise for any inconvenience these changes may cause.
- Published in Latest News
March at Malahide Credit Union
In March, 40 new members chose to open accounts with us here in Malahide Credit Union.
• 31 were Adult Members
• 9 were Juvenile Members
A big welcome to all our new members.
We are actively lending, and last month, we issued €274,380 in loans to 55 happy members.
Our Loan Book is Open.
- Published in Latest News
St. Patrick’s Weekend Opening Hours
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February at Malahide Credit Union
In February, 31 new members chose to open accounts with us here in Malahide Credit Union.
• 23 were Adult Members
• 8 were Juvenile Members
A big welcome to all our new members.
We are actively lending, and last month, we issued €358,326 in loans to 60 happy members. That’s an average loan size of just over €5,970.
Our Loan Book is Open.
- Published in Latest News