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Loans and Lines of Credit

Whether you’re looking to renovate your home, make a large purchase, or consolidate debt, we’ve got great options for you.


Choose the right loan or line of credit for you

Personal Loan


Members borrow for many different reasons. Maybe you would like to buy a new or used vehicle, take a well-deserved vacation, consolidate bills, or further your education.  

Whatever your reason, you are sure to find a GVC Credit Union personal loan that is right for you.  

Key features
  • Competitive interest rates
  • Option of fixed or variable
  • Flexible terms 1-5 years
  • Flexible repayment options: monthly, bi-weekly or weekly
  • No penalties for early payouts
  • Credit life and disability insurance available



When you want to contribute to your RRSP but you don't have the funds on hand, it's nice to know you have options. It may sound like an odd way of doing things, but 'borrowing to save' really can benefit your financial future.  

Designed for those who want to catch up on missed RRSP contribution limits or increase a tax refund by maximizing the RRSP contribution. 

Key features
  • Easy payment options
  • No prepayment penalties
  • Interest rates as low as GVC’s prime

Overdraft Line of Credit


Designed to give you peace of mind knowing transactions will be processed even if an account becomes overdrawn.

Key features
  • Linked to your chequing account
  • Avoid incurring the costs of returned items, like NSF cheques or payments
  • Convenient 24/7 access to your credit
  • Interest charged only on the funds you use
  • Easy repayments – any deposit made to your account will automatically go towards reducing negative balance

Home Equity Line of Credit (HELOC)


Designed to provide access to the equity you've built up in your home as a secured line of credit.

Key features
  • Flexible access to cash
  • Secured by your home
  • Benefit from lower rates
  • Access a larger sum of money

Got questions or need help finding the right solution for you?

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Loan calculator

How much can you borrow and what would your repayment schedule be like?

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Lending rates

Check out the competitive mortgage rates we have to offer.

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Invest in your retirement

Start building up a comfortable retirement fund. Open an RRSP and reduce your taxable income.

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Pick a credit card that suits your lifestyle

Whether you want cash back dollars or travel rewards, we’ve got the card for you.