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The loan is 100% secured by pledged shares
- Maximum amount - Amount in the Regular Share Account
- Maximum Term - 120 months
- Interest Rates:
|
Term |
Rate |
| 24 months |
2.50%
APR above previous quarter dividend rate for regular shares |
| 60 months |
3.00%
APR above previous quarter dividend rate for regular shares |
| 120
months |
3.50%
APR above previous quarter dividend rate for regular shares |
Share Certificate Secured Loan
The
loan is 100% secured by a Credit Union Share Certificate.
- Maximum amount - Amount of Share Certificate
- Maximum term - 120 months
- Interest rate - 1.5% above the certificate rate
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