In observance of Juneteenth National Independence Day, our branches and offices will be closed on Friday, June 19. We will resume normal business hours on Saturday, June 20. You can access your accounts through our online banking, mobile app, and ATMs, which remain available 24/7. --
Scams are on the rise. Note that we will never reach out to you and ask for a one-time passcode, card number or CVV, username or password. To safeguard your identity and protect your finances, if you receive a call, text, or email that asks you for this information, hang up or don’t reply; otherwise, you may lose funds. Call us directly at 888 354 OCCU (6228).
Secured Loans
A Great Way to Build Credit
Secured Loans
A Great Way to Build Credit
A Secure Loan Solution
Borrow against the funds in your Orange County's Credit Union savings account or term-share certificate. This loan can be used in emergencies or other unexpected expenses when you don't want to break your certificate term or dip into your savings.
It's also an affordable way to establish credit since the rate is only 3% above the dividend rate of the account you use to secure the loan.
Loan Program Details
Certificate-Secured Loan Details |
Share/Savings-Secured Loan Details |
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Loan Program Details
Certificate-Secured Loan Details
- No pre-payment penalty
- Fixed-rate monthly payments
- Rate is your certificate rate + 3%
- Continue to earn dividends on your certificate
- Loan term is same as certificate term
- $500 minimum loan amount
- Borrow up to 90% of certificate balance
Share/Savings-Secured Loan Details
- No pre-payment penalty
- Fixed-rate monthly payments
- Rate is your savings account rate + 3%
- Continue to earn dividends on your savings
- Loan term from 1 to 60 months
- $500 minimum loan amount
- Borrow up to 100% of savings balance
To request a secured loan, please call (888) 354-6228 or visit us.
Book Appointment
Resources
- Prepare for the Unexpected (Debt Protection)
- How to Build Credit the Right Way (Video)
- 20 Tips to Build Credit the Right Way (Guide)
Calculators
- Calculate Your Payments (Calculator)
- Create a Budget (Worksheet)