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Secured Loans

Share Secured
Loans secured by deposits in an OMSEFCU Regular Share account allow members easy access to a low-cost loan with flexible terms. You can borrow up to 100% of the balance in your Regular Share account for a maximum term of 120 months (10 years).

Your Shares will be "pledged" for the amount of the loan and gradually released as the loan balance decreases. Pledged shares will continue to earn dividends. This is a fixed rate, fixed terms installment loan. Refer to our rate sheet for the current loan rates.

Certificate Secured Loans
Funds deposited into an OMSEFCU Share Certificate may also be pledged as collateral for a loan. The Credit Union will loan up to 100% of the available balance of the Share Certificate for a term of up to 120 months (10 years).

Funds in the Certificate will be "pledged" for the amount of the loan and gradually released as the loan balance decreases. Pledged shares will continue to earn dividends. This is a variable rate loan. The Annual Percentage Rate (APR) will be 3.00% above the dividend rate earned on the Certificate and the APR will adjust each time the dividend rate on the Certificate changes.

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Routing Number:

322280427

Wire Instructions

(909) 983-1959

(909) 988-5130 Fax

1520 North Palmetto Ave

Ontario, CA 91762