Ballinderry Bridge Credit Union Limited, Ballylifford, Ballinderry Bridge, Cookstown, Co.Tyrone BT80 0AY
028 7941 8555
Our Credit Union is for People, not Profit!!


Loans at Ballinderry Bridge Credit Union Limited

The two most important things about a loan are, being able to borrow the money and being able to repay it. At Ballinderry Bridge Credit Union Limited we encourage you to manage your money carefully by structuring loans around your needs and your ability to repay. Establish a good savings record by saving regularly so as to build up security for your loan.

Loan Rates

At Ballinderry Bridge Credit Union Limited we have 2 very attractive rates of interest.

  • Standard Loan 11.94%
  • Reduced Rate Loan 7.62% on loans over £10,000

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  • There are no administration charges, hidden fees or transactions charges
  • Credit union interest rates are fair and reasonable and capped by law
  • Repayments are calculated on your reducing balance, so you pay less interest with each repayment
  • You can pay off your loan early, make additional lump sum repayments or increase your regular repayments, without a penalty. Other lenders may charge you extra for paying them back faster!
  • In the event of your death, your credit union loan is insured - subject to terms, conditions and eligibility criteria - at no direct cost to you

Your application is treated in the utmost confidence and will be considered on its own merits. In deciding, whether or not to grant the loan, we take into account your record of savings and loan repayments, as well as your ability to repay.

Our Standard loan rate of 11.94% means you can borrow at a reasonable rate of credit compared to other financial providers – compare us to other financial service providers and you will see that you get a great deal at Ballinderry Bridge Credit Union. Our new Reduced Rate Loan rate of 7.62% is available for loans in excess of £10,000.

Loan Amount Loan Type APR Term Monthly Repayments Total Amount Payable
£1,000 Standard 12.67% 1 Year £88.87 £1,066.35
£5,000 Standard 12.67% 3 Years £165.93 £5,973.44
£10,000 Reduced Rate 7.9% 4 Years £242.36 £11,633.16

Information correct as at 10/08/2017
Loans are subject to approval. Terms & Conditions apply.
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.

To begin, with you have to be a member of Ballinderry Bridge Credit Union Limited. For more information on becoming a member please click here.

For members, please visit or call us and we can discuss your needs and give you an application form or fill out the below Loan Enquiry Form and we will get back to you.

Terms & Conditions Apply

* All figures given on this web site are for your general information only, and give a rough guide to loan repayments. Any statements on this web site do not purport to be authoritative or legally binding. You are advised to check with our offices for up-to-date rates and offers.

Types of loans available:
Amount you'd like to borrow (£)
Repayment term:
For how long (years):
Each repayment will be: £
Your total repayment will be: £
The total interest will be: £

Information correct as at 10/08/2017

Whilst every care has been made in the production of this information, it is for illustrative purposes only and to give you an overview of the potential cost of borrowing at Ballinderry Bridge Credit Union. It does not constitute a loan offer. This document is for illustrative purposes only, so as to give you, the borrower, an overview of the potential cost of borrowing and does not constitute an offer of finance or repayments.

If you would like to enquire about a loan please contact us to discuss.