Have some cash in your savings or CD? Our Secured Loan will not only will earn you dividends but can reduce your loan rate and help build your credit.
A Smart Loan Choice
A fully-secured personal loan allows you to borrow against funds in your own savings or certificate accounts. Using your savings as collateral gets you a significantly lower rate — nearly half that of an unsecured personal loan.
The fixed rate for all members and terms is 4.00% APR*
Terms available up to 60 months
Funds used as collateral are incrementally made available to as the balance of the loan decreases
Secured loans do not require a credit check or proof of income
Let us help you improve your credit score today! Contact a loan officer with any questions.
*APR=Annual Percentage Rate. Members must have the funds available in their account to use as collateral for a secured loan.