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Membership in Northrop Grumman Federal Credit Union means co-ownership in one of the strongest credit unions in the country.

Savings & Stock Secured

Northrop Grumman FCU members can quickly and easily borrow against their assets at low interest rates.

Savings secured – use savings accounts or certificates to secure loans (excludes IRAs and Money Market accounts). For savings-secured loans, the loan amount plus interest can total up to 100% of your account balance. What's more, loans against certificates can save members even more by avoiding a penalty for early withdrawal of funds.

Summary

NGFCU™ savings-secured loans offer a variety of benefits to members:

  • Convenience of using savings as collateral
  • Fast approval
  • Low interest rates and ability to avoid penalties for early withdrawal of certificate funds
  • Borrow up to 100% of savings account balance
  • Terms of up to 60 months or the remaining term of the account, whichever is less
  • Generally lower loan rate than other types of secured loans

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Mailing Address
Box Number 47009
Gardena, CA 90247-6809
Call Center
800-633-2848
Monday - Friday
5 a.m. - 6 p.m. Pacific
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