Lines of Credit

Community Savings offers a pre-arranged credit line attached to your chequing account so that you are guaranteed to have money when you need it. Once approved, your funds can be accessed whenever you need them via cheque, internet/telephone banking, and member card.

Do you have a high-interest credit card?

If you're tired of wasting money on high-interest credit card payments, we can help. By transferring your credit card balances to a low-interest line of credit you can save a bundle of cash on interest payments. Apply

Features:

  • Funds are accessible at all times up to the credit limit
  • Accessible through cheques, PADs, ATM, Pre-Authorized Debits, or at any of our branches
  • Interest is only charged on the portion of funds used, for the number of days it was owing
  • Able to make payments, and use credit line at your leisure
  • Transactions appear on the All-in-One statement
  • Protects your chequing account from overdraft and insufficient funds service fees
  • Life & Disability Insurance are available (and recommended)
  • Lower interest rate than most credit cards
  • No annual fee
 

Mobile Banking

e-Statements