Share Secured Loans
Home Loans Consumer Loans Share Secured Loans
Use Your Account Balance as a Loan
Share Secured Loans from Sentry Credit Union allow you to borrow up to the balance of your share savings or term share certificate account. Here is how Share Secured Loans work:
- A portion to your account equal to the loan balance is pledged
- That pledged amount is not available for withdrawal
- As you make payments on your loan, the pledged amount decreases and becomes available
Talk to Our Consumer Loan Officers
If you’d like to learn more about how Share Secured Loans can work for you, stop in or call the Credit Union to speak with one of our consumer loan officers.