The best loan rates available are offered on our Secured
Loans. That's because repayment is guaranteed by money on deposit at the credit
union or stock holdings.
Regular Share can be used as collateral while they continue to earn regular
dividends. Members have up to 36 months to repay a Share Secured Loan.
Certificate Secured loans enable members to borrow the 100% of the dollars on deposit in LCU
certificates. Those certificates continue to earn dividends while providing
Rate for Certicate Secured loans is 3.00%APR above the
certificate's rate, with term amoritized to certificate maturity.
Stocks listed in the Wall Street Journal can be used as collateral for Secured
Loans. Members can borrow up to 50% of the stock's value. Stock remains
in the owner's name and the maximum term is 24 months.
2701 N. 25th Ave. - Franklin Park, IL 60131
847-455-8440 - fax 847-455-1245