Borrowing

At Union Bay Credit Union, we offer a wide variety of personal lending options. Choose an option from the left-hand menu to get started.

Lending services and Fees

  • automatic transfer payment options: weekly, bi-weekly, bi-monthly and monthly
  • application fee $50
  • CreditMaster new advance $175 min. - this includes the title search fee
  • commercial loans 1% of value
  • letters of credit 1% of value
  • annual commercial credit review $150
  • 1 year PPSA registration $85 min.
  • 2 year PPSA registration $95 min.
  • 3 year PPSA registration $105 min.
  • 4 year PPSA registration $115 min.
  • 5 year PPSA registration $125 min.
  • over 5 year PPSA registration $135 min. 
  • title search $50
  • insurance cancellation $25
  • VIN search $25

Real Estate Mortgage Fees

  • appraisal at cost
  • site survey insurance $100
  • credit union inspection fee $75
  • member requested mortgage modification $250
  • mortgage renewal $85
  • duplicate certificate of title $100 plus cost of certificate of title requested from land title office
  • solicitor fees at cost
  • mortgage discharge $100
  • construction mortgage administration fee $500
  • mortgage re-advance $200
  • mortgage discharge completed by UBCU $125

Delinquent Loan and Mortgage Fees

  • late fee $25
  • first late payment notice or phone call $10
  • second late payment notice $20
  • third late payment notice $30
  • payment alteration $25
  • manual payment on delinquent loan $15