Investment Loans

Save Your Money, Use Our Money & Beat The Taxman

Acadian Credit Union offers investment loans to our members to finance investment purchases. An investment loan is a personal loan with tax advantages. The interest expense incurred on the borrowed amount may be deducted when filing your income tax return. This is a dollar for dollar tax deduction from taxable income.

An investment loan may include borrowing to purchase a term deposit or Canada Savings Bonds.

Theory states that it is easier to pay a loan than to build up a savings account. Use your money to secure your loan and save again with a fully secured interest rate reduction.

RRSP Loans

Top up your *RRSP with an Acadian Credit Union top up loan. RRSP loans can be amortized over a maximum of ten years, with a minimum payment of as little as $100.00 per month.

Our rates and terms are flexible. Critical Illness, Disability and Life Insurance also available to qualifying members.
*RRSP loans do not qualify for the interest expense tax deduction for income tax purposes, an RRSP is already tax advantaged.

How to Apply

Make an appointment with a Financial Service Officer to discuss your financial needs.

A list of items can be prepared ahead of time to facilitate the loan application:

  • Proof of income (such as previous year’s Notice of Assessment from your income tax return)
  • Mailing & civic address and telephone number of 2 personnal references (such as family, friends, co-workers, etc…)
  • Supportive documentation to help determine the financial need, for example for RRSP loans the Notice of Assessment is critical to help determine the contribution room



Telephone: 902-224-2055
Toll Free: 877-477-7724
Fax: 902-224-3510