Make your savings work for you…

Why use up your hard earned savings, make them work for you!

Our Shares Secured Loan is available for members who would prefer to hold onto their hard earned savings and benefit from:

  • Potentially increased Dividend value at year end
  • Potentially increased Loan Interest Rebate at year end
  • Hold on to higher insurance benefits.  (Example; if  you took out a loan against your savings rather than withdraw them, in the event of your death your nominee would get the full savings balance plus the insurance and the loan would be paid off by the insurance.  (Click here for Terms & Conditions)
  • Borrow against whatever is in your savings
  • Immediate approval and you can draw down immediately
  • Maintain your savings balance
  • Flexible repayment options
  • Free loan protection insurance
  • No transaction fees or administration charges
  • No penalty for early repayment of loan balance

Advantages of Borrowing from Your Credit Union

When you receive a loan from us you will find many advantages in comparison to other institutions:

  • The interest rate you pay will be reasonable and interest will be payable on the reducing balance of the loan
  • Easy application process and a quick decision
  • No Hidden fees
  • No Early Redemption Penalties
  • Your repayments will be tailored to meet your own personal circumstances
  • Your loan will be insured at no direct cost to yourself
    (Subject to terms and conditions. Certain Limits apply.)