New green loan now available through local credit unions
Credit Union Plus branches offering Greenify scheme
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Stephen Doyle, head of business development, Credit Union Plus; Jason Murray, chief financial officer; Laura Rogers, chief operations Officer; Roisin Reilly, regional manager, Navan and Claudia Hegarty, Project Leader, Zero Tolerance Meath, Meath Women’s Refuge & Support Services, receiving cheque. Photos: Gerry Shanahan-www.cyberimages.net Gerry ShanahanImage 2 of 5
Emer Walsh, Jemma Fegan, Megan Dunne, Caroline King, and Laura Rogers, CEO, Credit Union Plus; promoting Greenify finance package. Gerry ShanahanImage 3 of 5
Stephen Doyle with Ryan Mooney who pulled the numbers out for the prizes in the Credit Union Plus bonus car draw. Gerry ShanahanImage 4 of 5
Maeve Dunne and Kevin Smyth, Navan at the Credit Union Plus bonus car draw. Gerry ShanahanImage 5 of 5
Anne Conneely, Navan, and Brigid Kelly, Wilkinstown, at the Navan Credit Union Bonus Car Draw. Gerry ShanahanCollaborative Finance CLG has officially launched Greenify, a new national green loan initiative designed to help credit union members access affordable finance for home energy upgrades and sustainable transport solutions.
The launch took place at the ILCU Sectoral Strategy Forum at the Heritage Hotel, Killenard, marking a significant milestone in the evolution of credit union collaboration and the delivery of ethical, sustainable financial services in Ireland.
Greenify builds on the success of a pilot scheme launched in October 2021 by eight credit unions within the Collaborative Finance network. Since then, the initiative has grown to include 30 credit unions, offering a standardised green loan product with consistent terms and interest rates, making it easier for members to navigate their options and access sustainable finance. These include Credit Union Plus in Meath.
Greenify loans are available for energy-efficient home improvements, green transport, or equipment. Members can borrow up to €100,000 (subject to individual credit union board approval) at a competitive variable interest rate of 5.5 per cent (5.7 per cent APR), with repayment terms of up to 10 years.
Therese Conway, CEO of Collaborative Finance, added: “Greenify represents the next chapter in credit union collaboration. It’s about making green finance accessible, consistent and member focused. By working together, credit unions can offer a standardised product that supports climate action while staying true to our values of simplicity, transparency and community impact.”
Phil Hegarty, CEO from Credit Union Plus said: “Credit Union Plus are proud to be part of the Greenify initiative. It reflects everything we stand for as a credit union. Our members know they can count on us for financial services delivered locally with a friendly personal ethos, and Greenify allows us to support members in making smart, sustainable choices for their homes and transport. It’s about putting people first while helping build a greener future together.”
To find out more about how to access a Greenify loan, visit Credit union Plus offices in Navan, Dunshaughlin, Ballivor, Clonmellon, or Ballyjamesduff, or visit. www.creditunionplus.ie/greenify-loan/
Meanwhile, Credit Union plus held a Bonus Draw on International Credit Union Day. The winners were: €10,000, Eibhinn Lee; second Prize: €5,000, Patrick Sodden; third Prize: €5,000, Jamie Whyte; fourth to ninth Prizes: €2,000 in cash each to Finola Finnegan, Anthony Conway, Sandra and James Kelly, Catriona O'Neill Stafford, Christine Donegan, and Mary Horgan.