Let Your Certificate Work Double Duty

Certificate Secured Loans

A Certificate Secured Loan lets you borrow against your existing AFFCU Certificate Account as collateral for a low-rate loan.

Apply Now

 

Already an AFFCU member?
Either log in to Digital Banking or stop by an AFFCU Financial Center to apply for a Certificate Secured Loan.

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About Certificate Secured Loans

Unexpected expenses happen and if you want to avoid high-interest credit card debt or paying early withdrawal fees on your AFFCU Certificate Account, consider borrowing against it with a Certificate Secured Loan.

Borrowing against your Certificate Account can help build or re-establish credit, and you’ll continue to earn interest while still having extra cash at hand. Plus, you won’t need to bother with a credit check or lengthy approval process.

    Certificate Secured Loan Features

  • No credit check required


  • Fixed interest rate for the life of the loan


  • Borrow up to 100% of your account balance


  • Funds in your Certificate Account continue to earn dividends


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    Certificate Secured Loan Benefits

    Low Rates

    Build or Repair Credit

    Less Risk

    Flexible Terms

    Apply Now

     

    Already an AFFCU member?
    Either log in to Digital Banking or stop by an AFFCU Financial Center to apply for a Certificate Secured Loan.

    Certificate Secured Loan Rate

    Rates effective as of:

    Term APR*
    6 to 60 months 1.5% above the pledged Certificate Account APY

    * APR = Annual Percentage Rate. Membership eligibility required. Rates subject to change at any time without notice. 

    Certificate Secured Loan payment example: $5,000 borrowed at 3.8% (1.5% above the pledged Certificate Account APY of 2.20%) for 60 months will have an estimated monthly payment of $92. Use an AFFCU Financial Calculator to calculate loan payment amounts.

    Earn While You Borrow

    Use the balance in your Savings Account as collateral for a one-time advance.