RRSP Loans

The deadline for RRSP contributions is March 1st, 2021

The best way to make your savings grow is to add to them every year. Regular contributions to your Credit Union RRSP will help build security for your future.

If money is a problem, then you can purchase your RRSP with a loan from your Credit Union. Rates are as low as 3.75%!!

Contribute to your RRSP and $ave at income tax time.

Let your Credit Union make it easy for you to contribute to an RRSP this year! Let’s get together and arrange your contribution.

RRSP Loan Rates
*Payment Quotes without Life and Disability Insurance

Now is the time to start planning for your future! Contribute to your RRSP today!!

Contact our deposit department about contributing to your RRSP.

Contact our loan department if you need to finance your RRSP contribution.

If you already have a RRSP or RRSP loan and wish to increase your amount or want to purchase a RRSP and join the thousands of employees to take advantage of this opportunity to save for the future Contact our credit union at 1-709-579-8210 or 1-800-563-6755.

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RRSP loans, with rates as low as prime, provides an opportunity for owners to maximize their RRSP contribution and to take advantage of maximum tax benefits today while providing for their future retirement.

Take advantage of unused carry-forward amounts or maximize your yearly contributions by borrowing and taking up to 15 years to repay. Any tax refund could be used to pay down loan balance, make next year's contribution early, or just for you to spend -- the choice is yours.


  • Terms from 12 months to 5 years.
  • 3-year renewal for fixed rate loans.
  • Invest in products available through Public Service Credit Union 
  • Credit life insurance is required. Optional disability insurance available.
  • Minimum payments apply.

*Loan is due in full if transfer or redemption of RRSP is requested.

*Fixed deposits remain for the duration of the term following repayment of the loan.

*All lending is subject to credit approval within normal credit guidelines.