Personal Loans

A personal loan is a convenient solution when funds are needed for an important purchase, luxury item, or even to consolidate debts into one, lower-cost payment.


  • Repay your loan faster with weekly or bi-weekly payments.
  • No penalty for extra payments or early repayment.
  • Make extra payments any time, in any amount, and as often as you want.


  • Competitive variable or fixed interest rate.
  • Credit life, disability and critical illness insurance available.
  • Payment extensions available to help you manage cash flow.

 All loans subject to credit approval and normal credit guidelines.

Did you know about our great rates on home renovations to increase efficiency and capitalize on rebates?  Contact us for details! 

Why offer a “Greener Home Loans” program?
There are rebates available to New Brunswickers, such as those offered through NB Power , which allow them to save energy, save money, and help the environment. Once the homeowner gets a plan on how they will save energy (Heat pump, solar, insulation, etc.), they then wonder how to finance it.

What is the “Greener Home Loans” program?
Progressive Credit Union is currently offering preferred rates on loans (as low as Prime + 1%*) to individuals who are upgrading their homes to more efficient technology.  Energy upgrades such as:

Insulation improvements
Window improvements
More efficient heating and cooling systems
Heat pumps / Geothermal systems
Solar technology
High efficiency appliances
… and other home efficiency upgrades.

* Residential properties only. Individuals must qualify for financing/OAC. Rate subject to change or withdrawal without notice.  Properties and applicants must be in New Brunswick.