a brighter future
At Community First, we put our members before profit.

Green Loans


Save your planet and your pocket

More Australians are looking for ways to help protect our environment and reap the savings that come from using less energy and water.

If you are one of them, we can provide you with two different ways to support your environmentally friendly purchases.

These product initiatives are available Australia wide.

Option 1 An interest free green loan for amounts up to $10,000 when you participate in the Australian Government's Green Loans program**, and/or;
Option 2 A low rate Community First green personal loan* for the purchase of environmentally friendly products not covered by the Green Loans program.

Which one is right for you?

Feature

 Australian Government
Interest Free Green Loan**		 Community First Green
Personal Loan*

Provider

 Community First Credit Union, in partnership with the Australian Government as part of the Green Loans program Community First Credit Union

Interest rate

 Interest free Our standard variable mortgage rate

Maximum loan amount

 $10,000 $60,000

Eligibility criteria

  You need to book in and have your free household sustainability assessment completed. You can get a pre-approval for your green loan first if you wish. N/A

Purchases allowed

You can fund the environmentally friendly changes recommended in your  completed assessment using the Australian Government green Loan. View a sample assessment report

 Environmentally friendly products with a 5 star rating. View list of products

How to apply

 

* Terms and conditions, fees and charges apply - details available on application. All loans subject to lending guidelines. Bill of sale required for loans for vehicles with a 5 star environmental rating.

** Interest free green loans will be available for a maximum loan term of 4 years and for maximum loan amounts of $10,000. All loans are subject to lending guidelines. Terms and conditions, fees and charges apply – details available on application.