RRSP Loans

*RRSP loans, with rates as low as prime, provides an opportunity for owners to maximize their RRSP contribution and to take advantage of maximum tax benefits today while providing for their future retirement.

Take advantage of unused carry-forward amounts or maximize your yearly contributions by borrowing and taking up to 10 years to repay. Any tax refund could be used to pay down loan balance, make next year's contribution early, or just for you to spend -- the choice is yours.


  • Terms from 12 months to 10 years.  
  • Invest in products available through St. Joseph's Credit Union.  
  • Credit life , disability and critical illness insurance available.
  • Minimum payments apply for loans over 12 months.
  • Flexible repayment options.

*Loan is due in full if transfer or redemption of RRSP is requested.

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

Click Here to appy for an investment loan