Lines of Credit

This is a convenient option for borrowing cash on a continual basis without repeated applications. You can use the funds for whatever you like or keep available funds for rainy day emergencies. You only pay interest on what you borrow. Minimum interest payments are due at the end of the month. TEUCU Lines of Credit have the convenience of a credit card without those high interest rates. Operates separately or as a part of your regular chequing account.

Overdraft Protection

With Overdraft Protection you can be covered in the event you run short on cash. You can save money by avoiding NSF fees, costly missed payments and bounced cheques. You can arrange protection anywhere from $500 to $5000.

No Fee PayDay Loans

If the payday loan treadmill is making you tired let TEUCU help! We offer Payday advance loans that have no fees or service charges. You have up to 4 pays to repay the loan, with no penalty for early repayment. If other payday loan companies are making you run in circles, TEUCU should be your first stop. Our payday loans can save you time and money. So, if an unexpected emergency catches you in between pay periods give us a call and rest easy.

Non-PCA Line of Credit Loans

The Non-PCA Line of credit works the same way a regular Line of Credit works, only it is not attached to your personal chequing account. This product would benefit those that are performing large projects and wants to keep their finances separate from their everyday bills through their PCA.

Bio-Incredible Vehicle Loans

Saving money and helping the environment is easy with TEUCU’s Bio-Incredible loans. Members can receive a .25% off loan rates when they chose to purchase a vehicle that has been recommended by Transport Canada’s ecoAUTO Rebate Program Flex Fuel program. Also, a purchase of a qualifying vehicle allows the member to possibly receive a rebate from Transport Canada! For a full list of qualifying cars please visit the ecoAUTO Rebate Program.

New (and Used ) Vehicle Loans

Let TEUCU steer you in the right direction with the financing for your new wheels! We offer 100% financing with terms up to 60 months, saving you thousands of dollars in interest over the life of your loan. Great advantages like fast approval and flexible repayment should drive you to make TEUCU your first stop. For all of you in a hurry; pre-approval can make the purchase of your new vehicle even faster!

Power Sport Loans

If a snowmobile, water craft, motorcycles, trailers, gym equipment, RV’s, snowshoes, golf equipment or a parachute is what you’ve been looking for to keep you on top of your game, see the loan department at TEUCU. Whether your activity is rigorous or relaxing TEUCU has the Power Sport Loan Special that will support you on your quest for wellness. The application process is a breeze and the payment options are flexible. There is also no penalty for early loan repayment.

TEUCU can help you set sail early for this boating season. We offer boat loans with a 5 year terms with amortization up to 15 years, allowing you to keep those payments affordable.

Home Improvement Loans

If you are interested in taking advantage of CMHC’s new line of energy efficient products please see the see mortgage section for further details. In addition you will receive .25% off any energy efficient home improvement loan (just show receipts). Home Improvements loans range from painting the house to adding a new garden, any improvements that can increase the value of your home.

Consolidation

Need help to lower your monthly payments and get rid of unwanted debt? If you are unsure what to do, we have free credit counseling services. Let TEUCU put all those high interest credit cards and lines of credit together under one loan with a great rate. If you need even more flexibility maybe a TEUCU line of Credit is a better option for you. Drop by and allow our staff to help you get your debt away from seeming like a mountain into feeling like a molehill!

Personal Loans

Maybe you have some major purchases, a family vacation or some debt to consolidate. Whatever your need, TEUCU can give you some peace of mind. We have a fast, easy and confidential application process and most loan approvals occur the same day you apply. Preferred rates are available. You can apply in person, online or over the phone. Our flexible payment options allow you to get rid of unwanted debt fast. Payments become painless through payroll deduction or automatic transfers and you can make extra payments with no penalty for paying off your loan early!