142 South Algoma Street
Thunder Bay, ON P7B 3B8

Phone: (807) 345-7612
Email: info@baycreditunion.com



Buying a home, a car, or planning a vacation? Bay Credit Union offers flexible lending options to accommodate your lifestyle. We will work with you to find the best fit for goals, terms, and repayment to better serve you.  And, there’s an added bonus; Bay Credit Union returns its profits to its members!  Borrowing members are paid interest rebates each year based upon the profits of Bay Credit Union.

We offer ample borrowing products to meet the needs of our members:

  • Personal Loans
  • Mortgages
  • Lines of Credit and Authorized Overdraft
  • Investment Loans
  • Student Loans

Borrowing in Today’s Economy

How do we decide if your loan request is approved?

Our credit decision focuses on the 3 C’s of borrowing: Character, Collateral, and Capacity.


Credit rating and personal credit history


Security very often determines interest rate


Ability of borrower to repay the loan; your Debt Service Ratio

For all your lending needs, please call Donna at 345.8153 or Cheryl at 683.2612