How does Share/CD Secured Loan work?

Stop by and apply for your fully secured loan at Sewerage and Water Board Employees' Federal Credit Union which is secured against your funds in Savings Certificates account or your Regular Share Savings account at Sewerage and Water Board Employees' Federal Credit Union. You will have a low fixed rate on your loan and you can use this loan for any purpose. We have seen our members using these loans for business, line of credit to cover overdrafts, etc. You or your business pays the installment while your life savings are securely earning interest.

Please contact us for more information on loans or click here for a loan application. Click here for rates and terms on Sewerage and Water Board Employees' Federal Credit Union share/CD secured loans.