204-867-6350 info@minnedosacu.mb.ca

Lending Services

PERSONAL LOANS

  • Consumer loans granted for virtually any need, from RRSP’s to vacations
  • Fixed or floating rates available
  • Loans are open to prepayment or payout at any time without penalty
  • Life and Disability insurance available to cover debt
  • Competitive rates – simple interest on the decreasing balance
  • Flexible payment options
  • Activity is detailed on your monthly statement

 

OVERDRAFT PROTECTION

  • Provides overdraft protection up to a preauthorized limit
  • Interest is calculated on the negative closing balance each day and charged to the account monthly
  • Activity is detailed on your monthly statement

 

MORTGAGE LOANS

  • Personal, agricultural and commercial mortgages available
  • Fixed or floating rates available
  • Flexible payment options
  • Open and closed mortgages available
  • Life insurance available
  • Various amortizations available with terms up to 5 years
  • CMHC mortgages available
  • Activity is detailed on your monthly statement

 

FARM AND COMMERCIAL LOANS

  • Loans granted for virtually any farm or commercial need.
  • Fixed or floating rates available
  • Activity is detailed on your monthly statement
  • Flexible payment options
  • Financing available through Canada Small Business Financing Program (CSBFP) and the Rural Entrepreneur Assistance (REA) program.

 

LINES OF CREDIT

  • Operating lines of credit available for farm and commercial operations
  • Available in pre-approved amounts
  • Interest calculated on the daily negative balance and charged to the account monthly

 

MINNEDOSA STUDENT LOANS

Congratulations on making the decision to further your education, and to help finance this, Minnedosa Credit Union offers student loans.

Student loans provide a convenient method of financing post-secondary education while learning responsible credit management. Minnedosa Credit Union offers student loans at reduced interest rates to help you reach your goals.

  • Approved by Minnedosa Credit Union
  • No principal payment while attending school
  • Guarantor maybe required
  • Special lower interest rate
  • Principal repayment commences 6 months after completion or final departure from the educational institute. At this time the student loan is termed out, maximum 10 years with flexible repayment schedule.
  • All student loans can be repaid at any time without penalty.

Applying is easy. Any of our lending staff will be happy to provide you with everything you need and answer any questions you may have.

 

LEASING SERVICES

  • Commercial leasing services available through Concentra Financial