Borrow within your Shares at our reduced interest Rate of 0.75% on the reducing balance.
Enjoy the benefits that come with retaining your shareholding instead of withdrawing such as:
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Maximum Earning Potential- Shares Earn Dividends! When you withdraw, you limit the amount of interest that can be paid to you for that year.
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Life Savings Benefits- Your shares are protected in the event you pass away. Leave a Legacy for the ones you love
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Same Day Access to your funds - Avoid the wait for a withdrawal. Receive your loan proceeds the day you apply- within one business day.
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Make your Money Work for You- Your shares are the main form of Security in the Credit Union. Borrow for any purpose and enjoy flexible repayment terms.
Disbursement details:
Proceeds from this loan may be paid in Cash, Deposit to Your Visa Debit Card, Via Cheque or Transfer to a bank account/ Payee of your choice.
This loan is subject to Normal Lending Criteria. To access this product, you must be:
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A member of the Credit Union
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18 Years Old
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Employed/ Produce evidence of Income
