Share Secured Loans
OFCCU offers loans secured by the funds in your share account or share certificate. Secured loans allow members with funds on deposit to borrow, instead of depleting their share account or cashing in a share certificate.
Funds that are deposited continue to earn dividends, even though they are pledged as collateral for the loan.
A Credit and Savings Builder Loan is designed to help members improve their credit status while saving money.
A secured loan can be a great tool to help improve, establish or even rebuild your credit.