Skip Navigation Documents in Portable Document Format (PDF) require Adobe Acrobat Reader 5.0 or higher to view,download Adobe® Acrobat Reader.
Transit Employees Federal Credit Union

Share & Certificate Secured Loans

Looking for an inexpensive way to borrow funds?

Try a Share Secured or Certificate Secured loan. Borrow up to 100% of your share or share certificate and qualify for one of our lowest loan rates. Plus, you will continue to earn our high dividend rate on those deposited funds.

If you're ready to apply, simply log into your Online Banking account and select "Apply for a Loan" from the Loan Options menu.

How to Apply



  1. Log into Online Banking.
  2. Select Services/Loans.
  3. Navigate to Secured Loan Automation and select the Continue link.
  4. Review and answer the questions on the current page and next page, then select Submit.
  5. Review the disclosure and if you are in agreement, select Accept, otherwise select Cancel to exit.
  6. Choose the desired loan type and select Submit.
  7. Enter the amounts from your share and/or share draft accounts to secure the loan. Select Submit to continue.
  8. Choose your loan term and payment frequency. Select Submit to continue.
  9. Review your Loan and Security Agreement and Disclosure Statement in its entirety. 
  10. After you have reviewed your agreement and disclosure, and if you agree, check the box to confirm. Then select the Click here to print and continue button to print your disclosure. 
  11. Select the share account to receive the loan proceeds. 
  12. Select Confirm to complete the process to open your loan. Review the confirmation page.