Share Pledged Loans

Leverage your savings for affordable borrowing.

When you need money but you don’t want to cash in your current savings—especially if it means being assessed a penalty for early withdrawal from your Bronco certificate account(s)—we can help.

Share Pledged Loans provide you with a way to use your Bronco share or certificate accounts as collateral to get the loan you need. You may borrow up to what you have in your share or certificate accounts, so there is no pre-approval needed. You can get your loan money quickly and loan payments can be made by automatic transfer from another Bronco account.

When you initiate a Share Pledged Loan, funds equal to the loan balance are “frozen” in your share or certificate accounts. As the loan is paid down, those funds are “unfrozen” and released back into your available balance.

A Bronco Share Pledged Loan* offers:

• The ability to still earn dividends (where applicable) on your “frozen” assets.
• No penalty for early repayment of the loan.
• An opportunity to build your credit score by making on-time payments.