Dividend Loan Promotion - Tranquillity Credit Union

Pay Yourself First with a Dividend Loan from Tranquillity Credit Union

Members, pay yourself first you’ve earned it! With our Dividend loan Promotion, you can access up to three (3) times your dividends received for 2023; to a maximum of $150,000.

Maintain dividends on your Share Account and be rewarded with a multiple of the amount earned.

Offer available for a limited time only. Promotion ends Friday 8th November 2024.

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Loan Terms and Conditions

Eligibility Criteria: To qualify for this General loan, members must agree to transfer their total dividends into their Share Savings account.
Repayment Terms: Members’ current loan repayment will remain unchanged unless the loan is refinanced later. However, the loan repayment period can be extended to 96 months/8 years to accommodate their existing repayment.
Restrictions:
- Members will not be permitted to withdraw any portion of their share savings pledged under this facility until the dividend loan portion is fully repaid.
- Members with existing borrowing restrictions from the Credit Union will not be eligible to access this promotion.
Offer Validity: This loan offer will be valid until Friday 8th November 2024.
This loan Promotion is Subject to normal lending criteria

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See your accessible Dividend when you log into our GIA E-banking Platform

Dividend Loan Promotion - Tranquillity Credit Union

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