The Credit Union offers many lending options to our members in the form of lines of credit, personal loans, demand loans mortgages and meritlines. We work hard with the members to determine what product best meets their needs and all lending products are eligible for a loan interest rebate. The loan interest rebate rebate is credited back to the member in March of the following year and varies from year to year. The rebate for 2007 was 16.50% and is dependent on the financial well-being of the credit union. This is another great benefit of being a credit union member.
All loans, Lines of Credit, mortgages and meritlines are available for a reduction in rate of up to .5% for those members who take advantage of our Great Member Package. Further reductions in rate are available to members with a good credit rating and depending on the amount of security.