Share Secured Loans can be a valuable option for those looking to build their credit. Share Secured Loans also provide the opportunity to keep your Savings Account intact in case you’re faced with an unexpected expense.
It is a loan that is secured by funds that you have available in a Savings Account at the credit union at the time of application. It allows you to get a rate much lower than our low Signature Loan rates.
A Share Secured Loan has a variable rate of 2.72% APR*, which is adjusted periodically. The loan has flexible terms based on the amount financed. The current highest tier base Share Savings rate plus a spread of 2.50% APR* will determine the interest rate. For example, if the highest tier base Share Savings rate is 0.22% APR*, the interest rate on your loan will be 2.72% APR* (0.22%APR* + 2.50% APR* spread). The maximum rate is 18% APR*. The minimum rate is 2.72% APR*.
Earn $300 Cash Back on your next Auto Loan!
National Financial Literacy Month
In honor of National Financial Literacy Month, we encourage our members to sponsor your children and grandchildren for membership to the Credit Union.
Killed in the Line of Duty Loan Protection
National Police Credit Union is pleased to offer Killed in the Line of Duty Loan Protection, a special debt cancellation benefit created exclusively for active full-time Law Enforcement Officers.
Arm Yourself with Benefits!
Please fill out the Cosigner Packet.
Life and Disability Debt Protection allows you to safeguard your loan in times of uncertainty.
External Loan Transfer allows you to pay credit union loans from other financial institutions.
Check out our Share Secured Loan page for more information.
To check the status of your loan application, please call us at (844)267-7283 and select option 1 when prompted.
You did not access your Home Banking account in the last 60 days. To regain access, contact us at (844) 267-7283.
*APR = Annual Percentage Rate.