Share Secured Loan - East County Schools Federal Credit Union
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Share Secured Loan

Establish or Re-Establish Credit - Borrow Against Your Personal Savings

A Share Secured Loan is a good idea if you're looking to build your credit or you need to make a necessary purchase but don't want to dip into your savings. With a Share Secured Loan you borrow against your savings at East County Schools and receive a low-rate loan, while still earning dividends on the amount you have on deposit!

  • You can borrow up to 100% of the balance in your Share Savings Account
  • No fees
  • Share Savings funds will remain on deposit and will continue to earn dividends, but will not be available for withdrawal. As the balance is repaid, the funds become available for use
  • Flexible terms - up to 120 months
  • $500 minimum loan
  • APR (annual percentage rate) is determined by adding 3% to the current Savings Rate

Loan Rates

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Members LoveECSFCU!

  • Dr. Patrick Keeley

    East County Schools Federal Credit Union has been an valuable partner to Mountain Empire Unified School District. Their consistent presence and support of our staff and district reflects a deep commitment to public education and to the communities we serve. From providing accessible financial services and financial literacy opportunities to sponsoring district events and recognizing employees, East County Schools Federal Credit Union has demonstrated that they are a true partner.

    Their investment in our employees and our schools has strengthened morale, supported professional growth, and reinforced the strong community connections that define MEUSD. We are grateful for their partnership and their unwavering support over the past ten years.

    Dr. Patrick Keeley, Superintendent of Mountain Empire Unified School District