This type of loan works like a Share Pledge Loan, but allows you to borrow against the value of Proponent CDs. You can borrow up to 95% of the face value of a Certificate of Deposit.
Variable rate: 2.50% above the rate for CD
Term not to exceed maturity of certificate
$1,000 minimum loan
In addition to accepting loan applications online, we also offer the convenience of a 24/7 Loan Center staffed by live customer service representatives who answer questions and even take your application over the phone. Simply call 800 457 8058, opt. 2.