Servus Credit Union personal loan interest rates & product overview

Servus Credit Union

The table below provides a detailed outline of Servus Credit Union personal loan options. Servus Credit Union is the largest financial institution of its kind in Alberta. It was founded in 1938 and is community-based and wholly owned by its members.

How much will a Servus Credit Union personal loan cost? Use the Servus Credit Union personal loan calculator below to find the monthly repayment estimate for your desired loan amount and term. You can also explore different payment scenarios until you discover a better fit for your budget.

Terms from 1 to 5 years. Representative example: 5 year $10,000 loan with comparison rates from 7.99% to 46.96% APR would cost between $12,163 and $26,087, including fees. The interest can vary between $2,163 and $16,087.

Servus Credit Union personal loan calculator

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Servus Credit Union personal loans review

Servus Credit Union provides many types of loans, depending on whether you want to renovate your home, buy a vehicle, finance your education, make investments, consolidate debt, or something else. These loans come with optional credit insurance that protects you and your family from financial loss.

Servus Credit Union personal loan features

Want to know more about what a Servus Credit Union personal loan can do? Here are more details about the different types of loans.

  • Renovation loan. Roll out some home improvements if you want to boost the aesthetic appeal and value of your space.
  • Vehicle loan. Buy a car, RV, motorcycle, or any new or used vehicle. The option comes with pre-approval, so you can shop around and negotiate with confidence.
  • Student loan. Invest in your future by financing your education with Servus. You have to be carrying at least 60% of a full-time load. Servus offers reasonable rates, and you only pay interest until you graduate.
  • Consolidation loan. Manage multiple debts by converting them into a single loan that requires a single monthly payment. There’s also the potential to save on interest and improve your credit score.
  • Investment loan. Capitalize on investment opportunities, such as maximizing your RRSP contributions and reaping tax benefits.
  • Small loan. Get a fast loan from as little as $200 and as much as $2,500. The amount is payable over three months to two years.
  • Mortgage. Talk to experts from Servus to get the best mortgage advice for your needs.

How to apply for a Servus Credit Union personal loan?

You can apply for a Servus Credit Union personal loan online on their website. You can also contact Servus Credit Union via email: [email protected] or by calling 1.877.378.8728 and visiting a branch near you.

Check that you’re eligible

To complete the Servus personal loan application, you must:

  • Be at least 18 years of age
  • Be a resident of Alberta
  • Meet the minimum income and credit score requirements
  • Be a citizen of Canada or have permanent residency

What you’ll need:

  • Contact, address, and employment details
  • Social Insurance Number
  • Financial information, such as the value of your assets and debts
  • Your co-applicant’s details, if applicable
  • Details about the loan you want

Servus Credit Union FAQs

What other financing products does Servus Credit Union offer?

You can also apply for a Home Equity Line of Credit (HELOC), a line of credit, or overdraft protection. These financial products provide flexibility since they allow you to borrow whenever you need to without applying each time.

How do I become a member of Servus Credit Union?

You can apply for membership online. However, you’ll need to be a resident of Alberta. If you live outside of Alberta, you can call 1.877.378.8728 instead.

Learn More About Servus Credit Union in this video