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Shared Savings or Certificate-Secured Loans

Share Savings or Certificate-Secured Loans

These loans offer an alternative to drawing money out of your share or certificate account for short-term expenses or large purchases. The loan is secured by the funds in your share savings or certificate account. You can borrow up to 95% of your share savings and certificate balance while continuing to earn dividends. Stock-secured loans for up to 70% of market value are also available— ask us for details.

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Accounts at E1 Financial Credit Union are privately insured by American Share Insurance (ASI) to $500,000 per account. Accounts are not guaranteed by the Federal Government and if this institution fails, the Federal Government does not guarantee that depositors will get back their money. Accounts are not guaranteed by the State of California.