Secured Loans

HVFCU lets you borrow up to 100% of the value of your credit union certificate account, at the attractive rate equal to your certificate’s dividend rate plus just 3%.

  • Loans available from $500 up to 100% of the value of your certificate account.
  • Your money keeps working because you keep earning dividends on the secured amount.
  • Your effective net interest rate is only 3%.
  • Terms start at 30 days, not to exceed the maturity date of the certificate account. Make principal and interest payments before your account matures.
  • Good for establishing credit.
  • Your certificate account funds securing the loan are frozen while your obligation is outstanding.
  • Only one regular certificate account can be used as collateral (IRA certificate accounts can’t be used.)
Account Minimum / Maximum Financing Fixed APR Variable APR
Rates are accurate as of 4/12/14 and are subject to change without notice.
Pledge of Certificate Account 100% of certificate balance ADR + 3% 2 na

2 ADR = Annual Dividend Rate

APR = Annual Percentage Rate. The variable APR is subject to increase.

Apply for a Pledge of Certificate Loan

To apply for any of the loans listed above, please stop into any of our branches or call us at 845.463.3011 / 800.468.3011, Monday – Friday 8 am – 7 pm EST or Saturday 9 am – 5 pm EST.


© 2014 Hudson Valley Federal Credit Union

159 Barnegat Rd. Poughkeepsie, NY 12601
ph: 845.463.3011 / 800.468.3011

Routing Number : 221979363