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Share/Certificate Secured Loans

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We offer low rate loans using the shares in your account or your Share Certificate(CD) as security.

What is a Savings or Share Certificate Secured Loan?

A savings secured loan is a loan that is secured by the funds in your savings account. A certificate secured loan is a loan secured by a certificate of deposit, or CD. This means when you receive the loan, the amount of the loan is "frozen" in your savings account or on your CD. We will loan up to 95% of your pledge amount. No funds are available until paid in full.

Share Secured Loan Benefits and Details

No credit check or report
Can help establish or re-establish credit
Flexible terms
$300 minimum loan amount
Funds in your account continue to earn dividends even while "frozen"

Certificate Secured Loan Benefits and Details

No credit check
Continue to earn interest on your CD while enjoying a low interest rate on your loan
Create a history of consistent payments
$300 minimum loan amount
Term tied to maturity date of the CD