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 $250 min. - this includes the title search fee
- commercial loans 1% of value
- letters of credit 1% of value
- annual commercial credit review $250
- 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 $100
- member requested mortgage modification $250
- mortgage renewal $85
- duplicate certificate of title $250 plus cost of certificate of title requested from land title office
- solicitor fees at cost
- mortgage discharge $75
- construction mortgage administration fee $1,500
- mortgage re-advance $250
- mortgage discharge completed by UBCU $150
Delinquent Loan and Mortgage Fees
- late fee $35
- first late payment notice or phone call $25
- second late payment notice $25
- third late payment notice $50
- payment alteration $25