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personal loan

Get up to 10 times your shares with our Loan Above Shares up to $7.5Million whichever is less for any wise and prudent purpose!

Eg. Member A’s share balance is $30,000; loan potential is $300,000 (10 x $30,000)


  • Last Payslip
  • Proof of purpose
  • Income and Expense Statement (done at interview)
  • Acceptable Security for the difference between  share and loan amount (using the example the difference would be $270,000)

Acceptable forms of Security:

  • Land
  • Property
  • Motor Vehicle
  • Stocks & Bonds
  • Hypothecated Funds
  • Co-Maker
  • Insurance policies with adequate Cash Surrender value

Maximum Processing Time

  • Dependent on form of security used

Collateral Checklist

Using a Motor Vehicle

Loan above shares, using a motor vehicle as security.

Using a Property

Own a home? You can use this as a security. Get our checklist and begin today.

Third Party Cash

If you are using cash not held in our Credit Union, such as banks, stocks & investments.

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