First Time Borrower Loan   6% (APR 6.18%)

Finance your future the smart way with an Educational Loan from Roscommon Credit Union Limited

Whether you are embarking on third level education for the first time, returning as a mature student or a parent looking for a smart option when it comes to an educational loan, chat to us, we offer our members a preferential Low Interest Educational Loan Rate of 6%.

If you’re not already a credit union member, why not join today? You’ll find more details on what you need to join by clicking here

There are many benefits to borrowing with us!

Low Interest Rates

Flexible repayment options – weekly, monthly or fortnightly

FREE loan protection insurance

Online account management with our Mobile & Online banking service
No transaction fees

Interest calculated on a reducing balance

Your Questions, Answered

Applying for a Credit Union Loan is simple and easy! 

Loan applications can be taken over the phone or in person in any of our 3 branch offices. No appointment is needed and applications can be made in a matter of minutes! Simply call 090 6626657 or request a call back via our loan enquiry form!

 If you are not sure how much you need to borrow, check out our online loan calculator

 Check out our Documentation Required tab to view details of documentation needed in support of your loan application. 

Applying for a credit union loan is simple and easy!

To support your loan application you will need to provide the following;


If apply for an Educational loan in your own name, please provide the  following;

1. Proof of Third Level course
2. A guarantor, guarantors must be a member of Roscommon Credit Union Limited.

Proof of income (if available) and bank statements (dated within 3 months from the date of the loan application) may be required.

If applying for an Educational Loan on behalf of your child(ren), please provide the following;

1. Proof of Third Level course
2. Proof of Income (last 2 payslips)

If applying for amounts greater than €3,000, bank statements (dated within 3 months from the date of the loan application) may be required.

Who can borrow from Roscommon Credit Union?

Only members are eligible to receive loans from Roscommon Credit Union Ltd. If you would like to become a member, visit our Become a Member page.


How long do I have to be a member before I can borrow?

Once you become a member you are eligible to apply for a loan. There is no waiting period or saving requirement needed before you can apply for a loan with Roscommon Credit Union Ltd. New members can join and apply for a loan on the same day!


How much can I borrow?

Members of Roscommon Credit Union Ltd. can borrow up to €100,000, with no minimum borrower amount* No matter what your personal loan needs we have a great value loan to suit you!


How are loan Applications Assessed

Each application is treated in the utmost confidence and will be considered on its own merits. Loan approval is based on ability to repay and not how much you have in your savings account.


How long does it take to get loan approval?

Once your loan application and supporting documents are submitted and credit check complete and where required a guarantor is in place, you can expect to hear back from our loans team within 24 – 48 hours!


Can I apply for a further loan before I repay my current loan?

Yes, you can apply for a top up loan at any time; you don’t have to repay one loan before applying for another. If your new loan is based on a different interest rate, our system is enabled to run two or more loans on the same account at the same time.


How do I repay a loan?

Once you decide the schedule of your repayments, weekly, bi-weekly or monthly. You can opt to repay your loan by direct debit, wage deduction, electronic funds transfer or by calling into any of our offices.


Can I assess my credit union account online?

Yes, you can access your account(s) by logging in to our online banking. You can request a pin at any time. With your PIN you can check current balances, next payment date or loan amounts. You can also request an e-statement of your account at any time. Simply enter the dates you require and one will be generated for you.


Not a Member, Not a Problem!

If you’re not already a credit union member, why not join today? You’ll find more details on what you need to join by clicking here. (Will, direct to the How to Join page)

Or if you can’t remember the last time you used your credit union account, that’s also no problem. At Roscommon Credit Union Limited we love to see old friends returning. Chat to us about reactivating your account.


Abbey Street,
F42 NN52

Tel: 090 6626657
Fax: 090 6627565

Monday 10am – 5pm
Tuesday 10am – 5pm
Wednesday 10am – 5pm First Wed of each month open @ 10.30am 
Thursday 10am – 5pm
Friday 10am – 8pm



Main Street,
Co Roscommmon
F45 YA07

Tel: 071 9635050
Fax: 071 9630959

Monday 10am – 4.00pm Closed for lunch 1.30 – 2.30pm
Thursday 3.30 – 7.00pm




Elphin Street,


Co Roscommon

F42 N820

Tel: 071 963 3362

Thursday 11am – 1.30

Friday 10am – 4.30pm Closed for lunch 1.30pm-2.30pm


Loans are subject to approval. Terms and conditions apply. Roscommon Credit Union Limited is regulated by the Central Bank of Ireland. Please be aware if you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating which may limit your ability to access credit in the future.  

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