Certificate & Savings Secured Loans
SSSCU secured loans, such as savings or certificate secured loans, feature attractive rates of interest and terms. Leaving your savings in place, you continue to earn interest, while you take advantage of using the loaned funds.
- Capitalize on deposits without depleting funds
- Pledge your certificates or savings account(s)* balance as collateral
- Rate is fixed at 3.00%APR over the savings or certificate rate being used for collateral
- Up to 100% of security held on deposit
- Borrow up to the maximum balance of account minus $25. (Minimum loan amount, $100.)
- Maximum 144 months repayment schedule
- Flexible repayment schedules: weekly, biweekly, monthly
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Loan Rates
Certificate & Savings Secured Loans| Loan Amount | Terms | APR* |
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| Balance of Savings/Certificate | Up to 144 months | 3.00% over Savings/Certificate Rate | | Note: All loans subject to credit approval, verification, and collateral evaluation. |
* Deposits held in Money Market accounts and IRAs are not eligible to be offered as collateral
*Annual Percentage Rate
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