Secured Loans

A secured loan is a loan for which you have placed collateral as security.  Collateral could be money that you have in your savings account, a certificate of deposit, a car title, or other property that you own, which is of value representative to the amount you want to borrow.  Based on the value of the collateral, the loan officer would make the loan; for the duration of the loan ECU would take possession of the collateral either physically or by filing a lien against the property.

Shares & CD Secured Loans

A Shares Secured or CD Secured loan is a loan using your funds at ECU as collateral.  This a great way to establish or re-establish credit at a low interest rate.


All loans are subject to normal credit approval.