Share Secured Loan

This low rate, interest-only loan is available to members who are in need of funds but do not wish to deplete their savings. Your Allegent savings or share certificate will be held as collateral for the loan. As you repay the loan, funds become available for withdrawal.* Dividends continue to accrue on your pledged share account during the term of the loan.

All Personal Loan payments can be made through payroll deduction, Audio Response, Online Banking, transfer, mail, or in the office. Low cost Debt Protection Coverage is available on all credit union loans.

*Certain restrictions may apply if a certificate is secured as collateral.