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We accept several forms of collaterals for those loans that require security. Collateral accepted includes:

    [grid][column size="1-2"][list style="list-icons"][li icon="icon-check"]Shares held at IECCU[/li] [li icon="icon-check"]Co-makers[/li] [li icon="icon-check"]Life Insurance Policies – Cash Surrender Value[/li] [li icon="icon-check"]Stocks & Bonds[/li][/list][/column] [column size="1-2"][list style="list-icons"][li icon="icon-check"]Real Estate[/li] [li icon="icon-check"]Third Party Guarantees[/li][li icon="icon-check"]Motor Vehicles[/li] [li icon="icon-check"]Cash deposits held at this Credit Union or any other licensed financial institution[/li][/list][/column][/grid]

Loans Limits – In most instances, the maximum that you can borrow will depend on an assessment of your ability to repay the amount being requested, your credit history and where necessary, the type of security being offered. The more you repay and secure, the more you can borrow.

Loan Processing & Approval – Generally approval for loans within shares or loans within IECCU savings, is received on the spot. Most other loans (with the exception of those using real estate) are processed within 5 working days, once ALL THE NECESSARY DOCUMENTS HAS BEEN SUBMITTED.

Waiting Period - All secured loans can be accessed immediately upon becoming a member..

*condition Apply

Loan Related Forms

Longstanding members with good repayment histories may be able to access an unsecured loan of up to $1,000,000. Applications for these loans are assessed on a case-by-case basis.

[toggle open="false" title="Why Borrow From Us?"]

Cost
IECCU's loan rates and associated coats are among the lowest in the industry.

Flexibility
We treat each application on its individual merit and tailor the financing solution to suit your specific situation.

Customer Service
We view your need for a loan as a matter of urgency and will ensure that your application is processed within the shortest possible time.

Protection
Your loans' up to a total of $1 million, are fully insured. In the event of death, your loan is automatically paid up to the maximum amount insured. IECCU covers the coat of these insurance premiums for our members.

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* Conditions Apply

We accept several forms of collaterals for those loans that require security. Collateral accepted includes:

    [grid][column size="1-2"][list style="list-icons"][li icon="icon-check"]Shares held at IECCU[/li] [li icon="icon-check"]Co-makers[/li] [li icon="icon-check"]Life Insurance Policies – Cash Surrender Value[/li] [li icon="icon-check"]Stocks & Bonds[/li][/list][/column] [column size="1-2"][list style="list-icons"][li icon="icon-check"]Real Estate[/li] [li icon="icon-check"]Third Party Guarantees[/li][li icon="icon-check"]Motor Vehicles[/li] [li icon="icon-check"]Cash deposits held at this Credit Union or any other licensed financial institution[/li][/list][/column][/grid]

Loans Limits – In most instances, the maximum that you can borrow will depend on an assessment of your ability to repay the amount being requested, your credit history and where necessary, the type of security being offered. The more you repay and secure, the more you can borrow.

Loan Processing & Approval – Generally approval for loans within shares or loans within IECCU savings, is received on the spot. Most other loans (with the exception of those using real estate) are processed within 5 working days, once ALL THE NECESSARY DOCUMENTS HAS BEEN SUBMITTED.

Waiting Period - All secured loans can be accessed immediately upon becoming a member..

*condition Apply

Loan Related Forms

Kingston Address

27 Parkington Plaza
HalfWay Tree Rd
Kingston 10
Jamaica
West Indies

Montego Bay Address

Shop #22
Sagicor Shopping Centre
Howard Cooke Boulevard
Montego Bay
Jamaica

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The first credit union in Jamaica to have received a Level I Accreditation.

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