Sean O'Brien to launch Carlow Credit Union Agri Loan

The Carlow Credit Union Agri Loan team

The Carlow Credit Union Agri Loan team

Carlow Credit Union would like to extend an invitation to farmers to the launch of our new AGRI LOAN, which will take place on Tuesday 30th. April 2019 @ 7pm in the Milford Room, Seven Oaks Hotel, Athy Road, Carlow. Sean O’Brien, International & Irish Rugby Player will attend as our Special Guest and Matt O’Keeffe from KCLR Farm Show will act as MC.

Background info on Carlow CU

Carlow District Credit Union Ltd., has been at the heart of the community since 1963. Our core values are co-operation, equality and mutual self-help. We are a co-op not for profit based financial institution owned by over 30,000 of our members who save and borrow with us on a regular basis.

Our Board of Directors, volunteers, highly experienced management team and staff’s priority is to continually safeguard and improve the financial wellbeing of our members.

To date, most of our lending has been issued to Members for personal reasons such as Car purchase and repairs, Home Improvement, Wedding, Education, Holidays and much more.

Our common bond area increased since 2015 with 3 rural Credit Unions merging into Carlow CU

Since 2015 three other Credit Unions merged into us, namely, Ballon/Rathoe, Rathvilly and Mayo/Doonane. These mergers now extend our common bond area well into rural areas near to Bunclody, Co. Wexford, Donard, Co. Wicklow and Timahoe, Co. Laois.

These offices would have been helping rural members save and borrow for several years. Up to now we have not been visually active in the farming community but our Board of Directors have approved this new Agri Loan, which we hope will provide an alternative finance option for farmers when they require finance to operate their farm. If you are not already a member with us, you can join and apply for a loan on the same day.

Credit Union loans offer many benefits:-

-You can pay off your loan early, make additional lump sum repayments or increase your regular repayments, without any penalties.
-There are no hidden fees, admin, set up or transaction charges.
-Insurance is included on your savings and loans at no direct cost to you (the debt is not passed onto family members.)
-Death Benefit of €1,500 is paid out towards funeral expenses to eligible members
-Approvals and decisions re loan applications are made locally in Carlow office.

Interest is charged on the reducing balance so you pay less interest with each repayment.
We welcome you to the launch of this exciting new Agri Loan where full details will be made available. Further information is on our website and we are very active on Social Media – Facebook, Twitter, Instagram & Snapchat.

To contact our Lending Team directly – email:- or Text/WhatsApp 086/0100671

Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.

Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.