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Loans & Lines of Credit
Line of credit
Avoid the inconvenience and stress of dealing with temporary cash shortages by having a reliable line of credit. Available to you up to a predetermined limit, our line of credit can help you get through the ups and downs of everyday life.
What you need to know
Minimum amount $500
Variable interest rates
Access funds by ATM, cheque, debit card, etc.
When you make a deposit to your account it will be applied to advanced amounts first
Should an NSF deposit happen, it will be treated as non-payment and interest continues to accrue on advanced amounts
You will have to pay interest each month at month end