Maleny Credit Union

 

Green Appliance Loan

Our Green Appliance Loan was developed to provide home owners an incentive to think "green" when purchasing major home appliances. For the home owner it combines a discounted interest rate loan with the possibility of reduced energy consumption. For the environment it offers reduced resource consumption. This product was judged the winner of the Money magazine 2009 "Best of the Best Award", as the best Socially Responsible Product.

The credit union will fund the purchase of the following types of appliances:

• Solar or Gas Hot Water systems
• PV panels and systems
• Composting Toilets
• Organic Waste Water Treatment systems
• Insulation
• Rain Water Tanks
• Alternate electricity generation

Cool Home Loan

MCU's Cool Home Loan was developed in conjunction with the Australian Greenhouse Office program called Cool Communities. The Cool Communities programs aim was to educate people in ways of reducing greenhouse gas emissions.

The Cool Home Loan does this by offering borrowing members a reduced interest rate if their house meets certain energy efficiency criteria. So if you are looking to purchase an existing dwelling or refinance a current loan make sure it meets these criteria and you will receive our discounted Cool Home Loan rate.

In addition to satisfying normal MCU credit guidelines, borrowers must meet at least 4 of the following energy saving criteria:

•  Solar, Gas or Heat Pump hot water system
• Water efficient fittings (dual flush toilets, AAA rated shower roses)
• Eaves not < 600mm on eastern and western walls
• Roof insulated (Minimum Australian Standards)
• Ceiling insulated (Minimum Australian Standards)
• Connected to Cleangreen Electricity
• Windows tinted on eastern and western walls
• External awnings or shadings over windows on eastern and western walls
• Solar PV panels

Green Star Car Loan

Our Green Car Loans were first launched in 2001, rewarding borrowers with discounted rates for the purchase of environmentally friendly cars. For the borrowing member it combines a low interest rate loan with low fuel costs. For the environment it provides reduced greenhouse gas emissions through lower fuel consumption. Our green star car loan type 1 is among the best types of car loans available. The MCU can pre-approve your car loan giving you the confidence to shop around and drive a hard bargain!