Borrow smarter with Bermuda Credit Union!
Our Regular Personal Loans are designed to help you reach your goals without compromising your financial stability. Whether it’s education, medical expenses, or a major purchase, we’ve got you covered.

Here’s what makes our loans different:
• Borrow up to 4x your savings: Access the funds you need while keeping your savings intact as collateral. For example, if you have $25,000 in your share savings account, you can receive a loan of up to $100,000. Your $25,000 is held with us until the loan is repaid.
• Fixed monthly payments: Enjoy predictable payments that stay the same throughout your loan term.
• No prepayment fees: Pay off your loan faster without penalties.
• Save while you borrow: A portion of each loan repayment goes straight into your savings, helping you build financial security as you repay.
For example:
• If you borrow $100,000 over a 10 year repayment term, you would need $25,000 in your initial savings to be held as collateral. As you repay the loan, part of each monthly payment will be deposited on top of your collateral to help you save. By the time you finish repaying the loan at the end of the 10 years, your initial $25,000 will have grown to over $40,000.

At Bermuda Credit Union, we’re here to help you achieve your financial goals with confidence and support.

Learn more today at bcu.bm/loans.