Stock Secured Loan

Phone: (703) 341-3044
Fax: (703) 341-1677
Email: credit_union@bna.com

LOANS

Overview

LOAN RATES
Signature	\| 9.00% - 12.00%
Share loan	\| 6.00%
Stock loan	\| 5.00%
New Auto	\| 5.25% - 8.75%
Used Auto	\| 7.00% - 9.50%
Tuition Aid	\| 10.0% - 13.00%

$25 Loan Application fee
(applied to all loans)

Stock Secured Loans

A stock loan is simply the lending of funds secured by BNA stock. This loan allows you to borrow money and use your BNA stock as a collateral while earning dividends.

Stock secured features and terms

Members can borrow up to 75% of the value of each share of BNA stock pledged.
Holders of BNA stock can get stock-secured loans of up to $100,000 maximum at the current interest rate set by the BNA FCU Board of Directors. The Board of Directors has the discretion to approve stock-secured loans of more than $100,000.
Loans secured by BNA stock may not be renegotiated until 10% of the original loan amount has been repaid..