Green Eco Loan

For new P&I loans $1k to under $30k

3.99% p.a.

Variable interest rate

5.15% p.a.

Comparison rate*

Package features

It’s a low rate personal loan to reward you for making the greener choice. Our Green Eco Loan is available to any personal borrowers buying green products, and who meet the Credit Union’s standard lending criteria

100% offset account

You can deposit your salary or savings into the account and the balance is then offset against the amount owing on your personal loan. Your loan repayments will also need to come from the offset account.

Make extra repayments without any fees

You can make extra repayments whenever you like to reduce your loan and interest you pay. You could pay off your loan sooner

Easy access to your money

You can choose to redraw any additional loan repayments you have made at no extra costs.

Manage your loan anywhere at anytime

Keep track of your personal loan in internet banking or our moneytree app.

What can I use the green eco loan for?

  • Double glazing
  • Energy efficient white goods and appliances
  • External awnings
  • Gas, solar, hydronic or reverse cycle air conditioners with a minimum 4 star rating
  • Grey water treatment system
  • Highly efficient electric heaters (minimum 5 stars) or solar, hydronic or heat pump system
  • Home ventilation systems
  • Insulation
  • Light Emitting Diode (LED) lighting
  • Photo voltaic (PV) panels and systems
  • Rainwater tanks
  • Solar hot water systems
  • Solar panels
  • Solar pool heater
  • Split system, evaporative cooler or high star rated, zoned air conditioner
  • Vertical axis wind turbines

Rates and fees

Interest Rates

3.99% p.a.

Variable interest rate

5.15% p.a.

Comparison rate*

Interest is calculated daily on the outstanding balance and charged monthly in arrears on the last day of each month.

Refer to our rates and fees for current interest rates.


  • No monthly account keeping fee on your Offset account.
  • $12 monthly personal loan fee, charged to the personal loan offset account.
  • $200 loan application fee.

Refer to our Fees and Charges for more information.

It’s easy to apply online

Here’s what you’ll need to apply online

  • Be at least 18 years of age or older
  • Be an Australian citizen, permanent resident, or have a valid visa
  • Receive a regular income
  • Have your membership number if you already bank with us

What you’ll need

  • An email address and contact number
  • Member number (If you’re already a member)
  • Australian driver’s licence, Medicare or passport details
  • Employment and income details
  • Details of your assets, expenses and liabilities

Important notes

*Terms and Conditions apply. See the Green personal loan package conditions of use. *Comparison rate is calculated on an unsecured loan amount of $30,000 over a term of 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Eligibility criteria, terms & conditions, fees & charges apply. Please refer to the Credit Fees and Charges brochure.

1. An offset account is attached to the loan and used to make loan repayments. Please refer to the Account and Access Facility Conditions of Use and Fees, Charges and Transaction Limits brochure.
2. Credit eligibility criteria, terms and conditions, fees and charges apply.

Apply now.

Already a customer?

Apply in internet banking

New customer?

Apply online