How To Apply
We only lend to members for productive purposes at fair and affordable interest rates. Credit Unions encourage thrift and prudence in communities and have saved many people from unscrupulous money lenders.
Who Can Get A Loan?
All members of our Credit Union are eligible for loans provided they fulfill the conditions
current at the time of their application. It’s expected that a member will have been in the Credit Union at least thirteen weeks before applying for a loan. However, any special needs will be considered should the minimum period not have elapsed (i.e. come and talk to us - we’ll see what we can do.)
Loan Insurance
One of the benefits to joining St. Joseph’s Aviation Credit Union is that all members get loan protection insurance for free*.
This means that, in the case of the death of a member, their outstanding loan would be paid off by the insurance.
There are a couple of important elements to this insurance:
- The insurance benefit payable is the amount of the member’s outstanding loan balance, subject to certain restrictions on balance limits, loan and interest balances.
- Cover ceases on the member’s 80th birthday.
* Subject to policy terms and conditions
Loan Repayment Calculator
Note : Terms & Conditions Apply *All figures given on this web site are for your general information only, and give a rough guide to loan repayments. Any statements on this web site do not purport to be authorative or legally binding. St Joseph Aviation Credit Union accepts no responsibility for errors due to changes in rates or offers which have occurred after this date. You are advised to check with our offices for up-to-date rates and offers.
