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Share secured loans and Certificate secured loans

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Share & Certificate Secured Loans

Share secured loans are a great way to borrow money at a very affordable rate. Your deposit in a SHPFCU share account is used as collateral for a share secured loan. You may also borrow money using your SHPFCU share certificate as collateral.


Secured Loan Rates 

Type Rates APR* Additional Info
Share Certificate Secured Current Share Certificate Rate Plus 1.00% (Fixed)
Share Secured (2.5% floor) Current Share Savings Rate Plus 1.00% Or 2.50% APR floor rate


Three easy ways to apply:
Call (800) 282-3006, Option 5, during business hours
Print a loan application and fax, mail, or deliver it to us.
Apply online now.


*APR=Annual Percentage Rate. Share Savings Secured Loans are not credit score based. Actual rate will be 1.00% over the current Share Savings rate or a minimum of 2.50%. APR fixed, which is the lowest (Floor) rate available for this loan type. Term of loan will be determined by amount borrowed. Ex: Share Saving Secured Loan at (^^Floor Rate) Loan Amount=$10,000, Term=60 Months, APR=2.50%, Payment=$177.50. Share Certificate Secured Loans are not credit score based. Actual rate will be 1.00% over the current Share Certificate rate. Loan maturity date will not extend past Share Certificate maturity date. Ex: Share Certificate Loan Amount=$10,000, Term=60 Months, APR=3.10%, Payment=$180.14. Membership eligibility is required for all loans with SHPFCU. Call the Credit Union for more details.


Your family members may be eligible, too!
Your immediate family is eligible to join State Highway Patrol Federal Credit Union and get the benefits of membership. Some restrictions may apply. Contact us for details.