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Savings-Secured Loans
A Savings-Secured Loan is an adjustable-rate loan secured by the member's savings.
A Savings-Secured Loan is an adjustable-rate loan secured by the member's savings.
The maximum loan amount is up to 100% of the member's savings, less $50. The maximum term is 7 years, or a one-year lump sum payment.
The minimum loan amount is $1,000.
Savings-Secured Loans interest rates
Annual Percentage Rate
3.00
%
Monthly payment: $13.22 per $1,000, Variable rate, 7 years maximum term, minimum loan amount of $1,000