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Share & Certificate Loans

With a Share Secured Loan, you borrow against your savings at Democracy FCU and receive a low-rate loan, while still earning interest on your financial resources on deposit!

Apply for a Share
Secured Loan

  • Loan is secured by funds in your savings account or in share certificates
  • Good alternative to adding to higher cost credit card debt
  • Streamlined application process with no credit review with Democracy FCU
  • Continue to accrue dividends during the loan period
  • Affordable credit life and disability insurance* available

*The products are optional. Insurance products are not a deposit or obligation of, or guaranteed by Democracy FCU or its affiliates. These products are not insured or guaranteed by NCUA or any agency of the federal government. Your credit approval cannot be conditioned on whether you purchase any of these insurance products. You may obtain insurance to protect you from an entity not affiliated with Democracy FCU.

Share & Secured Loan Rates

Table data for Share & Secured Loan Rates
 Effective 11-30-2021
APR (as low as) Term Amount Alert Me
Rate charged will be 3.00% above dividend rate paid. Minimum 4.00% 72 months (consumer purposes) Value of shares pledged
Rate charged will be 3.00% above dividend rate paid. Minimum 4.00% 144 months (non-consumer purposes) Value of shares pledged
Rates, terms, and conditions vary based on credit worthiness and other qualifications are subject to change. A $10,000, 48 month, at 4% Annual Percentage Rate (APR) will have estimated monthly payments of $226.16.

Certificate-Secured Loan Rates

Table data for Certificate-Secured Loan Rates
 Effective 11-30-2021
APR Term Amount Alert Me
Rate charged will be 3.00% above dividend rate paid. Minimum 4.00% Term of Loan not to exceed the earliest maturity date of Certificate(s) Value of Certificate(s) pledged
Term not to exceed the earliest maturity date of certificate. Rates, terms, and conditions vary based on credit worthiness and other qualifications are subject to change.

Loans