Keep it Green

At Advance Savings, our members know how important it is to be environmentally conscious. 
With the Advance Savings Keep-it-Green Banking Program, we’ve tailored banking products that help you help the planet, even through your day-to-day banking. 


Our Keep-it-Green Banking Program includes:

  1. Keep-it-Green Chequing accounts;
  2. Keep-it-Green Investments;
  3. Keep-it-Green Home Loans;
  4. Keep-it-Green Vehicle Loans;
  5. Keep-t-Green Bike Loans; and,
  6. Keep-it-Green Mortgages.
Find out more by clicking the dropdowns below or contact us today!
 

Keep-it-Green Chequing Expand/Collapse

The Keep-it-Green Chequing account lets you give back to your community all while enjoying unlimited in-branch or online transaction; including unlimited e-Transfers. Every month, $2 from your service charge is donated to the New Brunswick Environmental Network; all this for a low monthly cost of $16.95.

Details

Monthly Service Charge $16.95
Monthly Withdrawals Included Unlimited, including Interac e-Transfers
Over-limit Withdrawals Can't happen, you have unlimited withdrawals
ATM Withdrawals Ding Free:  FREE
Interac: 2 FREE, $2 each after
Plus: $4
eStatements FREE
MemberDirect, Mobile App and TeleService FREE
Monthly Donation Amount $2
Donation Non-Profit New Brunswick Environmental Network

Keep-it-Green Investments Expand/Collapse

Our Financial Advisor can meet your investment needs with an environmentally friendly investment portfolio. Keep-it-Green Investments allow our members to invest in companies carefully selected for both their environmental awareness and financial performance.

Keep-it-Green Home Loan Expand/Collapse

With a Keep-it-Green Home Loan our members can borrow money to do environmentally friendly home upgrades.  With preferred rates, you can pay it back with equal payments over a period of 1 to 5 years.


Details
Interest Rate Advance Savings Prime + 1%
Payment Terms
  1. Flexible repayment options;
  2. Terms between 1 and 5 years;
  3. No pre-payment penalties; and,
  4. Minimum loan balance of $5,000.00.
Upgrade Options:
  1. Insulation;
  2. Lighting;
  3. Solar Equipment;
  4. Geothermal Heating;
  5. Heat Pumps;
  6. High Efficiency Windows and Doors;
  7. High Efficiency Appliances;
  8. Eco-friendly Septic Solutions;
  9. Ventilation and Drain Water Heat Recovery; or,
  10. Ecological Restoration or Erosion Control.

Keep-it-Green Vehicle Loan Expand/Collapse

Buy an electric or hybrid vehicle with the Keep-it-Green Vehicle Loan. Let Advance Savings help you reduce your carbon emissions and keep our planet green for future generations.

Details
Interest Rate New Electric:     Credit Union Prime Rate + 0.5%
New Hybrid:      Credit Union Prime Rate + 0.5%
Used Electric:    Credit Union Prime Rate + 1%
Used Hybrid:     Credit Union Prime Rate + 1%
Payment Terms
  1. Flexible repayment options;
  2. Terms between 1 and 8 years; and,
  3. No pre-payment penalties.

Keep-it-Green Bike Loan Expand/Collapse

With a Keep-it-Green Bike Loan our members can borrow money to purchase a new bicycle at local bike merchant.  Reducing your carbon foot print includes being less dependent on your car to get around.  

Details
Interest Rate Credit Union Prime + 1%
Loan Amount Minimum loan of $500.00
Payment Terms
  1. Flexible repayment options;
  2. Terms between 1 and 12 months; and,
  3. No-pre-payment penalties.

Keep-it-Green Mortgage Expand/Collapse

With a Keep-it-Green Mortgage, our members who are buying an energy-efficient home or making green renos can get added member perks, like preferred rates and a refund of up to 25 % of the mortgage insurance premium. It pays to be green!

Details
Porpose
  • Purchases
  • Transfers
Term
  • Fixed Rate 1-5 year closed
Down Payment
  • Personal Savings
  • RRSP Withdrawal
  • Non-repayable gift from immediate family member(s)
  • Sweat equity
  • Exiting home equity
  • Proceeds from sale of property
Amortization
  • Maximum 25 years
Pre-Payment Privileges
  • Regular payment increase of up to 25%
  • Lump sum payments of up to 25% annually
Discounts and Perks
  • Discouted interest rate
  • A refund of up-to 25% of the mortgage insurance premium


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