With Servus Credit Union’s Student Account, you can concentrate on your studies rather than your finances while attending post-secondary school.
Student Account
While you attend an accredited post-secondary school, whether full-time or part-time, Servus Credit Union can offer you our Student Transaction Account. Receive 40 full-service transactions free each month, including:
- Cheques
- In-branch deposits & withdrawals
- Interac direct payment debits
- Global Payment MasterCard debits
- TeleService & Internet transactions
- AFT debits
- Canadian credit union ATM transactions
Plus, receive unlimited electronic deposits and TeleService & Internet inquiries.
You must provide proof of enrollment at the beginning of each school semester to qualify for the Student Account.
A Daily Savings account is available with tiered interest on minimum daily balance.
Financing
Your biggest test in education should not be to find financing! A Student Loan is available to full-time and part-time students enrolled in an accredited post-secondary institution that offers recognized degrees and diplomas, including graduate and professional studies.
Full-time students:
- Receive up to $6,500 each academic year in an undergraduate program, to a maximum of $26,000; graduate or professional studies can receive up to $39,000
- Make interest-only payments while in school
- Repayment of principal starts six months after graduation and extends up to 10 years
Part-time students:
- Receive up to $3,250 each academic year for undergraduate, graduate or professional studies
- Repayment of principal and interest starts immediately over a two year period
Computer Loan
As a student, you will require current computer technology. We can help finance your purchase of computer equipment.
- Applies to computers and related equipment;
- Maximum loan of $3,500;
- Repayment term may be up to three years.
ATM Directory for Students
If you’re planning to attend university or college in a new city, you can still use your credit union membercard to access your bank account, free of charge! All you have to do is use any credit union ATM, it’s that easy. Check out the list of ATMs that are available on or near all Canadian post-secondary campuses. Good luck with your studies!
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