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Fri, Apr 3rd, 2009, @8:00am - 05:00PM
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Thu, Apr 23rd, 2009, @4:30pm - 06:30PM
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Thu, Apr 30th, 2009, @4:30pm - 06:30PM
Starting a Small Business
Mon, Jun 8th, 2009, @5:00pm - 08:00PM
58th Annual General Meeting
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Medical Loans
We can help you take care of your medical needs when the going gets tough.

Benefits

Save Money!!!

  • Low, low interest rate of 11% per annum on the reducing balance.
  • No loan processing fees. No hidden charges. 

Peace of Mind

  • 100% financing. You can get the amount needed.

Flexible

  • up to six (6) years to repay.

Safe

  • Up to $150,000 in loan protection insurance is offered at no cost to you. 

Requirements

To apply call (255-2128) for an appointment with a Loans Officer or come in to our Loans Department and talk to our caring and helpful staff.

Here’s a checklist of items you’ll need:

  • A minimum of 5% of the total amount of loan requested.
  • Letter/referral from a medical doctor.
  • Employed persons--most recent pay-slip or salary statement from your employer.
  • Self-employed persons--recent financial statements of business. 
  • Details of security being offered.
  • Your RCCU passbook(s) and a valid photo identification (eg. Social Security card or passport or driver's licence). 
  • Details of your liabilities and commitments (other loans, hire purchase, household expenses) for the application. 
  • If the approved loan is $77,000 and upwards or you are 50 years and older, a medical examination by an approved medical doctor is necessary for loan protection insurance coverage. 

 

All loans are subject to RCCU’s Loan Policies and approval procedures

To find out details on what can be used as security click here.