Share Certificate & Share-Secured Loans

Here’s a loan option that can help you establish or build your credit, at a remarkably low interest rate, while you save money! These secured loans use the funds on deposit in your share certificate or share account (either savings or money market) as collateral, and based on the amount borrowed, they allow for repayment terms of six months to 15 years. You can borrow up to the amount on deposit, and the funds in your share account become available as the loan balance is paid down.

There’s no approval required, and you can borrow for any purpose! All you need to do to secure the new loan is verify that any hold placed on recently deposited funds has expired.

Please visit any branch and speak to a Member Service Representative to apply for the Share Certificate/Share-Secured Loan.