Retiree Loan

Enjoy your retirement adventures

It’s time to enjoy your retirement

A rate break made exclusively for our retirees

Retirement is a time to look back with appreciation and a time to look forward with excitement. You aren’t looking for a rocking chair… you’re looking to rock! Our exclusive retirees package of product and service recommendations help you adjust to your new income so that you can maximize your enjoyment and the adventures ahead of you.

FEATURES
• Interest rate of .75% orb
• Shares/Deposits/Fixed Deposits are the main collateral security for this loan
• Qualification is based on 1:1 ratio of shares and deposits

REPAYMENT PERIOD
• The repayment period for this loan ranges from 6 months to 9 years or up to age 70
of applicant not exceeding 9 years

HOW TO APPLY
• Applications to be completed on Retiree Loan Form available at the Credit Union
office
• Applicant may be interviewed by CRA

PAYMENT
• Loans will be disbursed within 48 hours of approval.
• Repayment will be through the remittance of interest from fixed deposit held at
the credit union and/or cash.

Members have also saved money with:

Vacation Loan

Whether it’s a Staycay or getaway we’ve got a loan for you.
Click to learn more.

Online Banking

Get 24/7 access to your account. No teller needed.
Click to learn more.

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