A Credit Union member, who has established a pattern of regular saving, may apply for a loan.

Applications are processed confidentially and promptly

There are no hidden fees or transaction charges

Interest rates are very reasonable

Interest is paid on the reducing balance of the loan - This means that the interest component of each repayment gets smaller and smaller as time goes on

There are no penalties for early loan redemption or for making additional lump sum payments

Loans are insured at no additional cost to the borrower - The loan balance is paid in full if the borrowing member dies (subject to terms & conditions)

Repayment terms may be negotiated to suit the borrower's particular circumstances

Secured loans available on demand

Loan terms are generally for 5 years or less. They may, in certain circumstances, extend to 10 years

Loans may be repaid by Standing Order Mandate

For Further Information-:
Phone or e-mail the office at Main St., Blackrock.
or
Drop in to the Blackrock office.

What are Credit Union loans for?

The purpose of the Credit Union is to enable us to help each other out. Credit Union loans are especially tailored to help us deal prudently with those occasions of expense which all individuals and families encounter from time to time.
These include:

Home improvements

Motor loans

Holiday expenses

New computers

Wedding and other special occasion expenses

Back to school expenses

Many other similar situations

New Products

In keeping with its policy of providing for the ever changing needs of its members and the community, BHK Credit Union now offers a special Education Loan @ 5.5%. Terms and conditions apply.
For further details or to discuss individual needs contact the office.