Your Financing

Payment Relief Messaging



Payment Relief Support Messaging – March 25

We understand that you may be experiencing financial hardship as a result of COVID-19. We are working diligently to minimize impact for members and are here to support during this difficult time.

We are committed to working with personal and small business members on an individual basis to provide flexible solutions to help those have been impacted by the financial challenges associated with COVID-19.

To support this, we are offering several options for members. We encourage you to reach out to us directly to discuss your individual situation to determine the best solution for you.

FOR INDIVIDUALS
Mortgages

Members holding residential mortgages may be eligible for a deferral of payments for up to six-months.
Term Loans

Members with personal term loans may be eligible for a deferral of payments for up to six-months.

Lines of Credit

Lines of credit and increases to personal lines of credit are available on an individual member basis.

An Emergency Line of Credit may be available to members who hold existing mortgages with us.

FOR BUSINESSES

Business members may be eligible for a deferral on their line of credit, loan and mortgage payments for up to six-months.

Contact Us

If you have been directly impacted by COVID-19 and are facing financial challenges, please reach out by contacting us at 506-458-9145 or progressivecu@progressivecu@nb.ca. You may also complete the Financial Relief Form and email it to us at progressivecu@progressivecu.nb.ca and we will follow up with you directly.

 

We are committed to working through this together.

 

 

I NEED TO LIVE TODAY

Whether you’re thinking about buying a home, taking a vacation, or paying off your bills, Progressive Credit Union Limited is here for you. We understand that you need to live life today and we’re here to help you customize a plan to get you where you need to be.

We have the products and services to get you to your life goals and our knowledgeable employees are here to offer advice and solutions that work for you. A pre-arranged Line of Credit makes cash available simply by writing a cheque, using your Credit Union Debit Card or making a withdrawal - in person, through the ATM or Direct Payment. A pre-approved personal loan gives you the control to negotiate the best price on that new car without being limited to certain models or terms on your financing. You’ll know before you start looking for that new vehicle what you’re willing to pay and for how long. A pre-approved mortgage gives you the peace of mind to shop around for the right home. With the best financing already in place, you relieve the stress of trying to arrange your financing after you’ve found the home you want.

If you have any questions or would like to discuss financing options that work for you, please visit one of our branches or contact us at:

Centreville      276-3221

Fredericton      458-9145

Woodstock      328-8120

 

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