Use your Harvard FCU savings to secure funds for today, without sacrificing what you’ve saved for tomorrow.
How It Works
- Great way to establish, or re-establish good credit
- Use funds for practically any purpose
- $25,000 maximum borrowing amount
- Your savings is released as you pay off your loan balance
- Plus, you still earn interest on your account!
Share Savings Secured Loan
- Secured by your funds in a Harvard FCU Share Savings account
- Low fixed interest rate of 6.99% APR1
- Terms up to 60 months
CD Secured Loan
- Secured by your funds in a Harvard FCU Certificate of Deposit
- Low fixed interest rate of 2% above certificate or 6.99% APR, whichever is higher
- Terms up to the maturity of your certificate of deposit
1. Annual Percentage Rate. Rates and terms are subject to change without notice. Subject to Credit Approval.
Loan Example: $1,000.00 loan at 6.99% for 60 months. Monthly payment is $19.80 with total finance charges of $187.79 and total repayment of $1,187.79.