Making an annual RRSP contribution is as easy as transferring the funds from a pre-arranged line-of-credit. It’s a convenient option for people who make annual contributions by borrowing, or who want to maximize this year's contribution or take advantage of unused carry-forward amounts.

Benefits:

• Apply only once
• Rates as low as prime
• Lump sum repayment available
• Easy phone call authorizes transfer
• Make extra payments anytime, without penalty
• Payment only 3% of outstanding loan balance

Features:

• Limits available to $30,000
• Available to purchase Community Credit Union RRSP products

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