COVID 19 - Financial Assistance
We're Here to Help.
Here at Northern Savings Credit Union we understand that members may be impacted by COVID-19 from both a health and economical perspective and we're here to help.- For members with mortgages and other loans, we will be offering a deferral program for a term of up to six months on a case-by-case basis
- Our service fee changes were postponed until September 1, 2020 (originally set to go live on April 1)
- We launched the Canada Business Emergency Account (CEBA) application for our business members. Learn more >
- Following recent rate cuts from the government, we have reduced our Prime rate three times, which currently sits at 2.45%
- As a credit union member, you receive unlimited depositor protection from the Credit Union Deposit Insurance Corporation of British Columbia. Learn more >
- If you are a Collabria credit card holder and experiencing financial hardship as a result of the COVID-19 pandemic, please contact them at 1.855.341.4643
If you are an impacted member, please call your branch or send us an email at info@northsave.com to discuss what options are available to support you, personally.
Government Relief
We encourage members to keep up-to-date on government relief measures for those impacted by COVID-19, including the Canadian Emergency Response Benefit (CERB), at these trusted websites:Government of Canada >
BC Government >
