The Fire Department Employees Credit Union - Toronto, Ontario
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Deposit Matched Line of Credit

  • Lower your interest rate by pledging Credit Union deposits
  • Interest-only payments available
  • Accessed through online banking, telephone banking, by cheque, cash withdrawal from any ATM or through POS/debit
  • Interest is charged only on the amount used (not necessarily the authorized limit)
  • Minimum loan amount $500;
  • Deposits must stay with the Credit Union for the duration of the loan. Withdrawal of some or all of the deposits will result in the interest rate being adjusted.

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