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| • |
Use your share account or Certificate of Deposit as a pledge (security) against a loan |
| • |
Interest Rate = 2% over share or CD rate (minimum Interest Rate = 4%) |
| • |
Check out our Current Share/CD Rates |
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4 year payback, renewed annually or if the loan is CD secured, when the CD matures |
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Example: You need $5000 but don't want to spend your savings or
break into your Certificate of Deposit and lose interest. Solution: Take out a Share/CD Secured Loan! |
| You can apply for Share/CD Secured loan in one of three ways: | ||
| 1. |
COMING SOON! Use the Print and Mail Share/CD Secured loan application | |
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Mail the completed loan application to: Edina Schools Credit Union 5701 Normandale Road Edina, MN 55424 |
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2. |
Apply for a loan at our office | |
3. |
Call our office at 952-848-4282 to request a loan application | |
