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Services Loans

Take Out a Loan

Whether you're looking to borrow to help with your household expenses or for a larger purchase, we have the right personal loan to suit you. We've made it easy to borrow as little as €50 or up to €50,000 at a fair, affordable rate with no application fees and no early repayment charges.

Loan Calculator

How to apply for a Loan?

Applying for a loan is an easy process but it is important to have the relevant information available, so that the Credit Committee can assess the application as quickly as possible.

  1. Fill out a loan application form HERE or in the office in Fermoy or Watergrasshill, where any staff member will through this with you and guide you through what information and documentation you may be required to produce
  2. Have this basic information with you at time of application - this may also emailed into loans@synergycu.ie
  3. Proof of Income: Salary or Wage Slips, Receipt from social welfare payments, other proof of income - you will be asked for proof of the last 3 payments. (If self- employed, a set of the most up to-date accounts. The last two years accounts at least are required. ) Proof of any other source of income that you may have

    Financial details: Current account statement for the last 3 months , Credit Card statement for last 3 months , Mortgage account statement for last 3 months , any other loan accounts you have with other financial institutions

    Work out how much you can realistically afford to pay, remember to leave some slack for times when an emergency may pop up.


Our Loans At a Glance

Everyday Loan

Borrow from €50 to €50,000

  • Many financial institutions do not offer loans under €1000, so come to us for the amount you want to borrow
  • If you've had trouble in the past that doesn't necessarily stop you getting a loan
  • Interest rate is fixed and your repayments won't vary
  • More competitive interest rates than a payday loan or doorstep lender
  • Repayments to suit you - weekly, fortnightly, 4-weekly or monthly
  • No application fees or early repayment charges

Personal Loan

Borrow from €50 to €50,000

  • Many financial institutions do not offer loans under €1000, so come to us for the amount you want to borrow
  • If you've had trouble in the past that doesn't necessarily stop you getting a loan
  • Interest rate is fixed and your repayments won't vary
  • More competitive interest rates than a payday loan or doorstep lender
  • Repayments to suit you - weekly, fortnightly, 4-weekly or monthly
  • No application fees or early repayment charges

Car Loan

Borrow from €50 to €50,000

  • Many financial institutions do not offer loans under €1000, so come to us for the amount you want to borrow
  • If you've had trouble in the past that doesn't necessarily stop you getting a loan
  • Interest rate is fixed and your repayments won't vary
  • More competitive interest rates than a payday loan or doorstep lender
  • Repayments to suit you - weekly, fortnightly, 4-weekly or monthly
  • No application fees or early repayment charges

Representative Example

Borrow €1,500 over 18 months, repay €91.48 per month, total amount payable (including interest of €147.05) is €1,647.05
Annual interest rate (variable) is 12.68%.


Why would you not use your savings? Well there are some real advantages

  • Your savings are insured, so that if you die there may be insurance to cover your savings up to €7,500 - some terms and conditions apply
  • Your loan is insured at no extra cost , you die the loan dies with you , some terms and conditions apply
  • It is often easier to repay a loan than to save - you have that commitment factor
  • If you find you are having difficulties repaying your loan , you can always clear it at no extra cost
  • It is great way of building a credit record
Contact Us
  • Synergy Credit Union
  • Tel: 1800 272927
  • Fax: 025 32503
  • Email:
  • Address: 27/29 Patrick Street, Fermoy, Co Cork
Opening Hours
Fermoy Branch
  • mon
  • tue
  • wed
  • thu
  • fri
  • sat
  • 10:00am - 4:00pm
  • 10:00am - 4:00pm
  • 10:00am - 4:00pm
  • 09:30am - 4:00pm
  • 09:30am - 4:00pm
  • 09:30am - 1:30pm
Watergrasshill Branch
  • tue
  • fri
  • sat
  • 10:00am - 2:00pm
  • 10:00am - 4:00pm
  • 09:30am - 12:00pm
*closed for lunch 12:30 - 1:30pm
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Synergy Credit Union Ltd is Regulated by the Central Bank of Ireland. Reg No. 126 CU