The following rates are effective on March 1, 2023 and subject to change without notice. For updated information, inquire at any FedChoice Financial Service Center (FSC) location or contact our Member Care Center at 301.699.6151 • 800.969.6151.
Share Secured Loans
|Share Secured Loan (variable)†§
||up to 84 mos.
Amount of shares securing the loan must be in Main Share Savings Account.
† Rate based on the cost of funds plus 3%. (Cost of funds is the basic savings account dividend rate for balances >= $2,500.00.) Rate adjusted semi-annually.
§ Minimum loan amount $300.00/Maximum loan amount $50,000.00
* Annual Percentage Rate