If you have money on deposit in your Share Certificate, a Share Certificate Secured
Loan allows you to borrow against those funds.
Features & Benefits:
- Minimum loan amount of $500
- Borrow against your funds on deposit in your Share Certificate Account
- Term of loan must end before term of share certificate ends*
- Members can build or rebuild their credit
- Continue to earn a dividend on the deposited funds
- Set up convenient Automatic Transfer for payments
* All amounts on deposit in the Share Certificate Account must remain on deposit until loan is paid in full.
There are no early withdrawal penalties if withdrawals are made after loan is paid in full.
To Apply for an MCU Share Secured or Share Certificate Secured Loan, visit your nearest MCU Branch.
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