​Lines of credit

Borrow and pay for what you need, not a penny more

Money at your fingertips

Enjoy financial freedom with a convenient way to borrow

Unexpected expenses

Be prepared for unforeseen events and costs.

Getting married

Plan your wedding and access funds as you need them.

Home furnishings

Buy a new mattress, couch, or a BBQ for the summer.

Recreation and travel

Fund your fun whether you fish, snowboard, or mountain bike.

Dip in as many times as you like

Your line of credit is always there to help pay for expenses between paycheques or ongoing renovation projects

Access funds with a line of credit that offers competitive interest rates, anytime access, and an annual cash rebate.


  • Flexible options
    • Anytime access
      Borrow on your schedule with no set term length
    • Pay interest only when you borrow
      Interest is only charged on the amount you borrow
    • Payment frequency
      Make a minimum monthly payment, plus additional payments anytime
  • Features
    • Lower interest rates
      Based on your situation, the variable interest rate can be much lower than a credit card
    • Quick and easy approval process
      Fill out an application and get approved instantly
    • Receive an annual cash rebate
      Earn cash on interest paid during the previous calendar year through memberSHARE*


*memberSHARE Loyalty Program dividend, bonus and rebate percentages are announced annually and payment is not guaranteed. A $5 minimum payment per account is required to receive payment.


Home equity line of credit

Access up to 65% of your home’s value to fund large or unexpected purchases

Borrow more using your home’s equity as security for easy access to funds.

  • Competitive interest rates
  • Save time with convenient one time registration when you set-up your mortgage with us
  • Line of credit protection insurance options available

​​

More line of credit features

memberSHARE
Loyalty Program

Eligible for annual product bundle payments and cash rebates on loan interest*
Made to fitMake payments only on what you borrow
Pay your line of credit off any timeMake payments any time with no penalty and save on interest
Payment protectionGet insurance to cover your payments in case of the unexpected

Apply now Book an appointment

*memberSHARE Loyalty Program dividend, bonus and rebate percentages are announced annually and payment is not guaranteed. A $5 minimum payment per account is required to receive payment.


memberSHARE eligible

Earn when you borrow
Loans are memberSHARE eligible. Earn cash bonuses every year when you bundle qualifying products.

"I got over $250 this year just for doing my banking at ACU.”

- Rochelle B.

​​
Borrowing tips

When to choose a loan

You want a structured plan with set monthly payments. Get funds to make a one-time large purchase, or catch up on your RRSP contributions. Consider a loan if you want to:

  • Fund a large purchase
  • Pay for a one-time unexpected expense
  • Contribute to your RRSPs and save on taxes


​​
Borrowing tips

When to choose a line of credit

You want ongoing access to money and the freedom to withdraw and deposit funds as you go. Consider a line of credit if you want to:

  • Have ongoing access to your money
  • Prepare for unexpected expenses
  • Pay interest only on the money you use


World Mastercard

Elite rewards for everyday purchases

Get first-class privileges through generous reward points toward travel, gift cards, and more.

Choose Aldergrove Credit Union

Earn cash back

Earn bonuses and rebates on products, plus dividends on equity shares paid annually.

3,600+ ATMs

Access your money across Canada with over 3,600 free ATMs and six local branches.

Digital banking tools

Budget, bank and learn using online and mobile banking solutions 24/7.

No-limit banking

Get excited to save and spend with affordable account options including unlimited transactions.

How to reach us

Email

Send us an email and get a response within one business day.

Call

Monday - Friday
8:30 am - 5 pm
Saturday 8:30 am - 3 pm

Meet with us

Book an appointment with a
Financial Advisor.

Visit a branch

Stop by any branch and we promise you’ll get a smile.

Payment protection coverage is optional and is underwritten and provided by CUMIS Life Insurance Company. Coverage is governed by the terms and conditions of the creditor group insurance policy issued to the creditor and is subject to terms, conditions, exclusions and eligibility requirements.

© Copyright 2020 Aldergrove Credit Union | Online Policies | Privacy & Security