Revolving Line of Credit

For members seeking accessible cash when they need it, a line of credit may be a great option for you. A Line of Credit is an ongoing loan with one-time approval and is attached to your existing chequing account. A Line of Credit guarantees you:

  • Instant Cash - you borrow by simply writing a cheque or by using your Member Card through ATM's.
  • Substantially lower rates than retail credit cards.
  • Convenience - cash when you need it.
  • Protection - against over-drawing your account or returned cheques for inadequate funds.
  • Flexibility - set monthly payments can be made to correspond with cash flow.
 

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