Use your savings as collateral.
Not a fan of dipping into your savings to pay for an expense? Need to build your credit? Use the balance in your savings or certificate account as collateral for a one-time advance. Borrow what you need while still earning dividends on your investment.
For loans pledged against a savings account, as the loan balance declines, the secured funds become available.
*APR = Annual Percentage Rate. The maximum APR, for any type of loan, shall not exceed the limit set by applicable law(s). The loan rate will be the rate in effect when the loan is completed. Rates and terms are subject to change at any time. Please contact the Credit Union for further information.