Secured Loans


Certificate Secured

  • Loan amount is equal to 100% of your Texas Telcom CU Certificates

  • Interest rate for loan is your certificate rate plus 2.50%

  • Loan term must match certificate term. If loan term exceeds the term of the certificate, the loan will either be converted to a Shares Secured Loan when the certificate matures or if the certificate is renewed, the interest rate of the loan will be amended to conform to the existing Certificate Secured Loan policies

  • Credit Life and Credit Disability are available


Savings Secured

  • Loan amount is equal to 100% of a Texas Telcom CU Savings Account

  • Interest rate for your loan is your savings account dividend rate plus 2.50%

  • The maximum repayment term is 60 Months

  • The Savings Secured Loan term will not exceed 12 months per every $1,000.00 advance

  • Credit Life and Credit Disability are available