Effective January 1, 2020, Westminster Savings and Prospera Credit Union officially merged. The two credit unions are now one legal entity – Prospera Credit Union. In the months ahead, we will be launching our new brand and will be revising all materials including our website. We appreciate your patience during this transitional period.
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personal borrowing solutions

Prospera's borrowing solutions can help with the operational and growth requirements of your business.

What are you looking for?



Loans



Whether it is consolidating debt, buying a car, taking a vacation or completing some home renovations, we can help you do it.




Features and benefits:
  • Pre-approval, so that you can shop confidently and negotiate wisely;
  • Weekly, bi-weekly, or monthly payments that coincide with pay periods and are automatically withdrawn from your account for added convenience;
  • Choice of either a fixed or variable interest rate;
  • No prepayment penalties, so that you can pay loan off early;
  • Choice of one- to five-year terms, depending on the size of the loan and collateral;
  • Loan protection insurance so that you are secured in the event of an unexpected setback.
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Need more?
Set-up an appointment with a Prospera Advisor to discuss your options. Our professional team of friendly, knowledgeable staff will work directly with you to provide a solution that fits your unique lifestyle.


Vehicle



We'll help you buy the vehicle of your dreams with our 10-year vehicle loan. All you have to do is sit back and revel in that new-car smell.




Features and benefits:
  • Available on both new and used vehicles;
  • Five-year term;
  • Up to 10 years amortization and 100% financing available*;
  • Up to 100% financing on the purchase including warranty and taxes;
  • Loan protection insurance so that you are secured in the event of an unexpected setback.
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Need more?
Set-up an appointment with a Prospera Advisor to discuss your options. Our professional team of friendly, knowledgeable staff will work directly with you to provide a solution that fits your unique lifestyle.


Disclaimer Expand/Collapse

* Conditions apply.



Boat/RV



With Prospera’s affordable boat and RV loans, you just may be living that new lifestyle sooner than you expected!




Features and benefits:
  • Available on both new and used boats and RVs;
  • Five-year term;
  • Up to 15 years amortization and up to 75% financing on the purchase of boats*;
  • Up to 20 years amortization and up to 100% financing on the purchase of RV*;
  • For full details regarding boats and RVs please contact us;
  • Loan protection insurance so that you are secured in the event of an unexpected setback.
    •




Need more?
Set-up an appointment with a Prospera Advisor to discuss your options. Our professional team of friendly, knowledgeable staff will work directly with you to provide a solution that fits your unique lifestyle.


Disclaimer Expand/Collapse

* Conditions apply.

RSP



Don’t delay start contributing to your retirement savings today. Our RSP loans help you kickstart your savings.




Why get an RSP Loan?
  • Maximize your contribution by borrow funds to contribute to your RSP
  • Save on taxes by contributing more to your RRSP you reduce your taxable income
  • As long as you keep your investment with Prospera, your interest rate stays at prime
  • Maximum of $50,000 available
  • No payments for up to 120 days*. Make your first payment with your tax refund
  • Maximum 10 year amortization available*
  • Loan protection insurance so that you are secured in the event of an unexpected setback.



Need more?
Set-up an appointment with a Prospera Advisor to discuss your options. Our professional team of friendly, knowledgeable staff will work directly with you to provide a solution that fits your unique lifestyle.


Disclaimer Expand/Collapse

* Conditions apply.
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Payment protection coverage is optional and is underwritten and provided by CUMIS Life Insurance Company. Coverage is governed by the terms and conditions of the creditor group insurance policy issued to the creditor and is subject to terms, conditions, exclusions and eligibility requirements.