Skip to main content

Personal Loans

The cash you need for that one big expense (smart), that new toy (yay), or those tax savings (sensible).

​Flexible Payments

Choose a payment structure to minimize monthly payments or to pay off faster. It’s really up to you.

​Pay Off At Any Time

Peace of mind knowing you can pay back with a lump sum payment at any time without penalty.

​Build Your Credit

Taking out loans and paying them on time is a great way to build or improve your credit rating.


Loans for anything you need

Our most popular loans are for new cars, trucks and toys to really enjoy the Kootenays or loans to help save on taxes or interest by consolidating debts, but you can get a personal loan for any purchases or projects you have on your wishlist. 



Consolidation Loans

Our low rates make a personal loan a great way to consolidate your other higher interest debts and put money back in your pocket.

Key information

• Competitive fixed and variable rate options.
• Amortization from 18 months to 7 years depending on security and amount of loan.



Auto Loans


Pre-approval before you buy that new (or new to you) car or truck puts you in the driver’s seat. Negotiate knowing exactly how much you can afford with the money at hand.

Key information

• Amortize for up to 10 years on vehicles up to one year old including light duty trucks.
• For cars and trucks 2 - 3 years old, amortize up to 8 years, reducing your monthly payments compared to most other lenders.



Recreation Loans

Get the cash you need to really enjoy all the great outdoor spaces we have in our backyard. Our longer amortization options were created with the goal of keeping monthly payments down to make RVing, sledding, and boating more affordable for everyone.

Key information

• Amortize for up to 20 years on a new motorhome, trailer, fifth wheel or boat.
• Amortize for up to 15 years on models 1 - 2 years old, and up to 12 years for models 3 - 5 years old.



Student Loans

Stress about homework and tests, not your finances. We offer loans in the form of student lines of credit. 

Key information

• Undergraduates lines of credit up to $45,000, with $15,000 for your first year and $10,000 for years 2 to 4.
• Post Graduate lines of credit are an additional $10,000 for years 5 and 6.  
• Upon graduation the loan converts to a personal loan with the same low rate. 
• Pay interest only while in school and for one year after.




Even if you have to borrow, maximizing your tax savings with an RRSP or TFSA loan can save you a bundle. This could be one of the smartest borrowing decisions you make. 

Key information

• Low, competitive rates.
• Delay payments for up to 3 months.
• Repay whole or part of the loan at any time with no penalty.
• Instant tax receipts available.
• Apply for either an RRSP or TFSA loan, or for both, for up to a total of $25,000.
• Top Up Loans have longer terms and amortizations.
• Members are responsible for knowing their contribution room.


*All rates are subject to change without notice, and are not guaranteed unless confirmed in writing.

black and white image of couple holding hands

Need a Little Extra Guidance?

We’re here to help you make the right decisions for your financial wellbeing and make your dreams a reality. We know there’s a lot to consider, talk to one of our advisors about creating the loan that’s right for you.



Loan Calculator

Smart Borrowing


Join Kootenay Savings Credit Union

Great loans, products, rates and advice, plus a financial friend who has your best interest at heart.