What is required to secure a loan?

The following types of security can be used when applying for a loan:

    • Credit Union Shares
    • Company Shares
    • Life Insurance Policy
    • Savings
    • Bills of sale

For new members, the deadline for loan applications is every Thursday, one week in advance, by 12:00 noon.

The application review and approval process ensues and takes five (5) business days. Cheques should be ready by Wednesday of the following week.