Do you want a loan with one of the lowest interest rates possible?
Share secured loans are one of the best kept secrets of lending.
How does it work?
You pledge your funds that are at Catholic Federal, either in a savings account or share certificate, as collateral for the loan and you get the best of both worlds – money you borrow at a lower interest rate while still earning dividends on your pledged funds!
Benefits of a Share Secured Loan from Catholic Federal Credit Union
Enjoy a low interest rate
The loan rate is 2% - 3% higher than the interest you are currently earning on your savings account or share certificate depending on the loan term. For more information on loan rates and terms, contact the credit union.