It’s ready access to cash when you really need it!


Save Money

  • Low-interest rate of 12% per annum on the reducing balance
  • No processing fees
  • No hidden charges


  •  Easy access to your overdraft by cheque, ATM or over the counter


  • Up to five (5) years to repay
  • Repayment can be extended when you apply for a loan to build or buy a home
  • Purchase furniture, equipment, appliances, personal computers, clothing, books. Pay for school expenses, weddings, funerals, maternity, taxes, legal fees and investments. Meet the costs of special items and occasions 


  • Ready cash for when you really need it

Peace of Mind

  • Protection at any time against overdrawing your chequing account 
  • Against having returned cheques because of insufficient funds


  • A minimum 5% of the total amount of the loan requested
  • Employed persons -- most recent pay-slip or salary statement from your employer
  • Member Share based on the amount of loan
  • Self-employed persons -- recent financial statements of business 
  • Details of security being offered
  • Your NCCU passbook(s) 
  • A valid photo identification (eg. Social Security card or passport or driver's licence) 


All loans are subject to NCCU’s Loan Policies and approval procedures

To find out details on what can be used as security click here.