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!

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    From the beginning of the process to the day of funding, Suzy and her assistant, Lance, were exactly what anyone would hope for when refinancing their home. They responded to all my questions with patience and in a timely manner. They let me know what to expect and when to expect it every step of the way. I couldn't be more pleased with the service I received. Thank you Suzy and Lance for making this so easy!


    Elissa Ellis-MacLeod, on her ECSFCU home refinance