If you’ve got some cash stashed with BFCU...those rainy day reserves that you don’t want to touch...you’ve got ready collateral for a loan! And the interest you pay is just 2% above the rate your Share/Savings account or Share Certificate is currently earning. It’s like borrowing money at just 2% APR. Of course, as the name implies, you pledge your share or share certificate as collateral. Various terms are available and you can apply with a simple phone call.

If you pledge your Shares as collateral, your Share account is secured for the balance of the loan plus 1 monthly payment if the loan is on a cash payment basis. The balance of the loan plus 2 monthly payments is secured if the loan is on a transfer payment basis.

If you pledge a Share Certificate as collateral, you may borrow up to 90% of the Certificate amount. If the Certificate matures during the course of repayment, you must roll it over to a new Certificate or pay off the loan balance.
Applying is as easy as 1-2-3. Choose the method that suits you best.
  1. Contact or stop by the loan department at any BFCU office during regular business hours.
  2. Apply online.
  3. Call ClockWISE Credit, our 24-hour toll-free loan line for 15-minute approval.
Bulldog Federal Credit Union
580 Northern Ave.    Hagerstown, MD 21742
Phone: 301.797.6318 Fax: 240.420.2000
Email: webpage@bdfcu.com
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