Did you know that you can get a quick loan by borrowing against your share/savings or regular certificate? You may borrow up to the available balance in your share/savings and up to 95% of the balance in a regular certificate. As you're borrowing against your own savings the Credit Union does not pull a credit report.

Avoid Drawing Down Savings:  Some members fear that if they withdraw the funds from their account, they won't be able to replenish those funds in the future. With a share secured loan, you never withdraw those funds. You make the required minimum loan payment and pay a low interest rate on the loan.

Trying to rebuild or establish your payment history? LMFCU reports all loans to the credit bureau.

The share loan interest rate is only 3.55% annual percentage rate (APR). The certificate loan interest rate is only 2.5% above the interest rate being paid on your certificate. The minimum loan amount is only $500.00.

There is never a pre-payment penalty - you may pay off your loan at any time.

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