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Over time you have saved money in
an Alamo Federal Credit Union (AFCU) savings account, and now you
are ready to make that special purchase. However, you don’t want to
wipe out your whole savings account. What to do? Consider applying
for a share secured loan. This type of loan allows you to borrow
against your savings account and still earn dividends, and provide
the opportunity of using funds to secure a low rate loan.
- The share secured loan rate is 3% above the dividend rate paid
on share account or money market account.
- Loan can be processed over the phone or at one of AFCU’s four
branch locations.
- Required minimum amount of $200 in savings or $2,500 in a
money market account to apply.
Call 210-554-8770 to speak to an AFCU loan representative for
more information.
Click here to view
current loan rates.
Click here to apply for loan
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