Share Secured/ Certificate Loans
Pinnacle CU offers secured loans that can be "secured" by available funds you have in an existing account, or by the purchase of a specific product as collateral such as a home or car. You can earn dividends on the savings and pay just a minimal rate on the secured loan.
Cash Secured Loans
We have the following fixed-rate cash secured loans, in which money you have deposited with us serves as collateral:
- Share Secured – Draws upon the full value of your savings account. An ideal option if you are looking to build credit by making regular payments.
- Share Certificate – Borrows against the available money you have in your Share Certificate. A good choice if you need to access funds but want to avoid any penalties associated with withdrawing money prior to the stipulated date.