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Secured Loans   Apply For A Loan View Loan Rates

The best loan rates available are offered on our Secured Loans. That's because repayment is guaranteed by  money on deposit at the credit union or stock holdings.

Share Secured
Regular Share can be used as collateral while they continue to earn regular dividends.  Members have up to 36 months to repay a Share Secured Loan. 

Certificate Secured
Certicate Secured loans enable members to borrow the 100% of the dollars on deposit in LCU certificates.  Those certificates continue to earn dividends while providing collateral.

Rate for Certicate Secured loans is 3.00%APR above the certificate's rate, with term amoritized to certificate maturity. 

Stock Secured
Stocks listed in the Wall Street Journal can be used as collateral for Secured Loans.  Members can borrow up to 50% of the stock's value.   Stock remains in the owner's name and the maximum term is 24 months.

 


2701 N. 25th Ave.   -   Franklin Park, IL 60131
847-455-8440   -   fax 847-455-1245

Copyright 2001 Leyden Credit Union, All rights reserved.