Online Banking

Borrowing

Lines of Credit Expand/Collapse

  • Collateral can include accounts receivables, margined monthly, based on an agreed upon formula.
  • Competitive variable interest rate based on Prime and type of collateral.
  • Interest is calculated daily, dependent on use and charged monthly.
  • Interest paid is eligible for our patronage dividend program.
  • No set repayment, only regular deposits are necessary.
  • Descriptive monthly statements are available.

Commercial Term Loan Expand/Collapse

  • Carpathia Credit Union is an approved lender under the Canada Small Business Financing Act (CSBFA) and the Rural Entrepreneur Assistance Program (REA).
  • Competitive variable interest rate based on Prime and collateral type. Fixed interest rate available as well.
  • Interest paid is eligible for our patronage dividend program
  • Convenient repayment Terms are available.
  • Our commercial loan application fees are one of the lowest in the industry.
  • Collateral can include a charge on equipment - new or used - and/or real estate assets.

Commerical Real Estate Loan Expand/Collapse

  • Approved lender with the Canada Mortgage and Housing Corporation (CMHC).
  • Competitive variable or fixed rates from 6 months to 5 years.
  • Interest paid is eligible for our patronage dividend program.
  • Flexible repayment terms and amortization periods are available.
  • Mortgage re-advancement options are available.