Have you ever wondered what would be better---using money from your savings account or taking out a loan? It's almost always better to pay cash when you can but it also makes sense not to deplete your savings.
A shared secured loan can be the middle ground you've been looking for! With a share secured loan you pledge your savings or share certificate as collateral for the loan. The savings or share certificate you pledge continues to earn interest.
Since you've pledged your savings or share account, there is a much lower risk to the credit union that you will be unable to repay your loan---so that means that the interest rate charged on a share secured loan is normally much more favorable to the consumer than other types of loans.
In the end, when the loan is completely paid, you savings are still intact.