Share, Certificate & Stock Secured Loans

	Share	Certificate	Stock
Rates	3.80% APR	3.00% APR	4.80% APR
Rate Index	3% over prime share rate	3% over certificate rate	4% over prime share rate
Terms	Up to 36 months	Equal to the life of the certificate	Up to 48 months
Loan Amount	100% of funds on deposit in share account	100% of certificate value	75% of present value up to $75,000
Collateral	Funds on deposit in an ACU share account	Funds on deposit in an ACU certificate	Must be listed on the New York or American stock exchange. ACU holds original certificate until loan is paid in full.
Payment Options	Payroll Deduction† Direct Deposit with automatic transfer Home Banking Transfer   By phone with A.R.T. Payment Coupons

^†At this time, payroll deduction is only available to employees of ANL and Fermilab.


For more information regarding Secured Loans, e-mail memberservices@argonnecu.org or call (815) 267-7700 or (866) 469-6228