Ab Initio Loan

Financial support for new members, tailored to help them get started and meet their immediate needs.

• Only one Ab Initio loan at a time
• Repayment period: Up to 48 months or as approved by the Board
• Interest rate: 1% per month on reducing balance (or as approved by the Board)
• Loan limit: Up to 4× member deposits (subject to the two-thirds rule)