Secured Loan
Borrow against your SCU Credit Union savings. Guarantee your loan approval and establish credit at the same time. We offer share secured loans from 6 months to 60 months. The rate is 3% above the interest rate earned on your share account or certificate of deposit. The maximum loan amount cannot exceed 90% of the account being pledged as collateral. A certificate of deposit may be the security for a loan up to its maturity date.
- Loan approval is guaranteed up to 90% of the account being pledged as collateral
- Funds are available immediately upon receipt of application or signed request
- Members have access to funds without withdrawing savings from their account
- Calculate a loan payment >>
- Apply >>