Share & Certificate Secured Loans

A low interest rate loan, secured by your savings or certificate account.

Features

• Enjoy a low interest rate -- just 3% higher than the dividends earned on your savings or certificate account
• Continue to earn dividends on your savings or certificate funds while maximizing their loan value
• Convenient repayment with automatic payments transferred electronically via another SDMCU account or payroll deduction
• Provide a great means for establishing first-time credit -- or re-establishing credit following financial difficulty
• No fees
• Savings funds become available as loan balance decreases
• No pre-payment penalties

Disclosure

All loans are subject to credit approval. Other restrictions and conditions may apply. Rates and terms are subject to change without notice.  Not eligible to rate discounts. Funds held until loan paid off.