Share & Certificate Secured Loans
To help you finance additional purchases, we offer the option to use up to 100% of your Credit Union 1 savings or certificate account balance as collateral for a loan. Rates range from 3% to 4% over the dividend rate, and pledge of certificates are 2% over the dividend rate. These unique secured loans are a great credit-building and savings tool, since the money in your savings or certificate account will continue to earn dividends while it's used as collateral for a loan.
Interest rate is dependent upon the credit qualifications of the borrower(s). Rates are subject to change at any time for any reason. See our rates page for full details.
