Shared Loans

Shared Loans

A great low-interest option!

Why use your credit card to pay for those large purchases? You can borrow against your own deposits at a much lower rate of interest with a Share Loan.

Your shares are the collateral so you earn a better rate by saving! Share loans are fully secured by the funds in your Regular Shares. The pledged funds remain in the Regular Shares and continue to earn dividends!

The interest rate on share loans is 2% above the last declared dividend rate paid on Regular Shares and may vary over the life of the loan. The maximum loan amount is equal to the shares pledged. The maximum term depends on the amount borrowed.

Current Rates