Lines of Credit

Overdraft Protection

Protection at any time against overdrawing your account or having returned cheques because of inadequate funds. Monthly payments are based on a percentage of the outstanding balance.

Credit Line

A CreditLine is a one-time-approved ongoing loan that is often used for vacations, renovations and vehicle purchases. The minimum pre-arranged limit is $5000. It is usually at a preferred rate and requires a payment of interest only each month.

 

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