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Lending to MatchYour Lifestyle

Personal Lending

We know that sometimes things come up that are expensive, and you may not always have the cash set aside to pay for it. Whether it be a new car, an upcoming vacation, home renovations or a consolidating debt, we have you covered. 

Talk to us about getting the best rate on the money you need now.  With great advice, flexible repayment schedules, extended terms and easy payment options, a personal loan with Member Savings allows you to enjoy your life while managing your debt.

How Much Can You Afford to Borrow?

Talk to one of our lending specialist today to plan for a successful financial future. They will discuss the best option for you and your financial needs.

Loans tailored to you.

We offer competitive rates, no matter what you need - a new car, holiday spending, family vacation, or funds to cover education costs - apply for as much or as little as you need. We are here to help you make your goals a reality.

We would also be happy to send you an application, if you wish. Repayments correspond to your pay dates, whether biweekly, weekly, semi-monthly or monthly. We match your loan payments to your payroll deduction or the direct deposit of your pay. Life insurance, joint life insurance and creditors' disability insurance are all available.

*For a Limited Time OAC - some conditions apply.

Questions? Contact Us

416-864-2461 
or 1-888-560-2218

Quick Cash When Your in a Crunch

The Quick Cash loan was designed to assist members who require a small short-term cash advance.

It works like this:

  • You must have your pay deposited directly to the credit union or be on payroll deduction.
  • You may receive an advance of up to 1/2 of your Direct Deposit or Payroll deduction less any other credit union payment obligations (Loan, Mortgage, HB Insurance, Outbound AFT, Internal Transfer) to a maximum of $500.00.
  • All current loans and mortgages must be up-to-date at the time of advance.
  • Must be paid off at the next pay day. No portion of the advance can be carried over to the next pay period.

Questions? Contact Us

416-864-2461 
or 1-888-560-2218

A Line of Credit ensures funds are available when you need them.

A Line of Credit is like an on-going pre-approved loan. Funds are advanced, as required, up to your approved limit without having to re-apply. Enjoy this convenience without the service charges or stand-by fees of overdraft protection.

Repayment each month is based on the following factors:

  • An amount equal to 3% of the Line of Credit principal balance outstanding and any interest owing as of the 15th of each month. Interest is calculated daily on the balance and the number of days that balance was outstanding.
  • The payments are taken automatically from your chequing account on the 15th of each month. You may also apply additional funds to your Line of Credit anytime you wish.
  • This loan is completely open and can be partially or fully paid down at any time.

Apply today!

Questions? Contact Us

416-864-2461 
or 1-888-560-2218

The Freedom to Spend with the Bonus of Rewards

We are happy to offer an all new line up of Member Savings Collabria® Visa* cards to our members, with quick and easy approval directly through Member Savings itself.

Many Member Savings Collabria® Visa* cards can be used to collect FlexRewards points that can be redeemed for travel, cash back or merchandise. Click here for more card options and full details. 

Already a Member Savings Collabria® Visa* Card holder?

Login to review your Collabria® Visa* account information online.

Questions? Contact Us

416-864-2461 
or 1-888-560-2218

Do more with your RRSP

This is a line of credit separate from any regular LOC you may have, but used only to advance funds into your RRSPs with a minimum of fuss.

Once established, a simple call to our office is all that is required to advance the funds to the RRSP. The rate is locked at prime, in order to encourage members to build their retirement funds.

Questions? Contact Us

416-864-2461 
or 1-888-560-2218

Car loans for as low as 3.24%* on a new or pre-owned vehicle!

Don’t be fooled by a dealership loan promotion of 0% financing. Always do your research before signing a contract at 0% from your local car dealer. Going into the dealership with cash in hand from our low rate car loan promotion will get you the best overall price! Talk to us about how you can qualify for a car loan on any new or pre-owned car for 3.24% *

Not only will we help you with financing but this promotion applies to both brand new and pre-owned cars! (up to 2015) Worried about the monthly or bi weekly payments? On top of our great low rate we are also offering up to 7 years on a loan term to reduce the cost per month. We are here to help you get into the car you need, at the best price and rate possible.

Just talk to us.

*For a Limited Time OAC - some conditions apply.

Questions? Contact Us

416-864-2461 
or 1-888-560-2218

Debt Management

Credit Comparison

Learn the difference between keeping your credit card debt or switching it to a Member Savings Consolidation Loan.

What is Your "Debt Age"?

Calculate how many years it will take until you are debt free.

The Debt Freedom Calculator 

Learn how to streamline all of your credit card debt and get debt free faster, with less interest.

The Credit Card for You

Members get exclusive access to a Member Savings Collabria® Visa*, with quick and easy approval through Member Savings. Many Member Savings Collabria® Visa* cards can be used to collect FlexReward points, redeemable for merchandise, travel and cash back. 

Lines of Credit for Whatever You Want

Member Savings Line of Credit

With a Member Savings line of credit (a pre-approved loan) we’ll advance funds, as required, up to your approved limit. Now you can renovate, consolidate, invest, or do whatever you want—with no annual fees. Your line of credit is completely open; you can pay it down in part or in full at any time.

Home Equity Line of Credit

You can also capitalize on the hard work you’ve put into building equity with a home equity line of credit. Member Savings provides this pre-approved loan at interest rates as low as prime, secured by a first or second mortgage.