Personal Loan Special

Take advantage of our limited time personal loan offer!

Your NorthSave loan can be used for purchases big or small or anything in between.

Consolidate high-interest rate debt, fund an important purchases, or save for your future; the choice is yours.

Features

  • Variable rate of Prime + 2.5%*
  • Maximum 5 year fixed loan term
  • Weekly, bi-weekly, semi-monthly or monthly payment options

Benefits

  • Personalized service
  • Local decision making
  • Competitive rates
  • No pre-payment penalties

Insurance

Protecting your loan with insurance helps provide financial support in times of need. We offer:

  • Disability Insurance
  • Life Insurance
  • Critical Illness Insurance
    Loan Payment:
     
    *Offer available November 1, 2022 to March 1, 2023. Some conditions apply. Upon approval. The Annual Percentage Rate for a representative loan of $20,000 which has no fees with interest compounded monthly, with an interest rate of Prime + 2.5% with a 60 month term which will be repaid in 60 months with payments of $405.05 per month which can be paid at any time with no penalty is 7.95%. Rates subject to change without notice.

    In order to be eligible for the discount, the following conditions must be met:
    1. The maximum personal loan amount that will be approved for the discounted rate is $20,000. The discounted rate is available on approved credit.
    2. Additional terms, conditions, fees, and charges may apply.
    3. Prepayment of an eligible loan will be permitted at any time without penalty.
    4. This offer may not be used to pay out, partially or in full, an existing loan or line of credit at Northern Savings Credit Union.
    5.  Any individual who is not currently a Member of Northern Savings must become a Member in order to apply for the 2022 Loan Offer.
    6. Rate approval is subject to enrolling in payment protection coverage and meeting our minimum credit underwriting requirements. APRs (Annual Percentage Rates) on uninsured loans vary and will depend on your credit profile.