- Secured loans for any expense
- Pay for emergencies, medical bills, vacations, and more
- Competitive rates and friendly customer service
What is a Share Secured loan?
A Share Secured loan means that you put up collateral for your loan, such as your Share Savings account with SIU Credit Union, or another account like a Share Certificate. Having this collateral lowers your rate and typically allows you to borrow more. A Share Secured loan is extremely flexible: you can use it for emergencies, medical bills, education expenses and more. In addition, as with any SIU Credit Union loan, you’ll feel the difference when it comes to member service and individual attention. We’re not like the big banks. We’re much better.
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*Membership required. All loans subject to credit approval.