Deposit Secured Loans

Deposit Secured Loans, also known as Share Secured loans, are convenient ways to use your own money for your borrowing needs. Customize payments and terms to meet your specific need. We can secure your savings or certificate accounts. However, because of government regulation, Individual Retirement Accounts cannot be pledges as security for any loan service.

By using funds that are currently on deposit, you maximize your use of the money while still maintaining a savings balance. You continue to earn on your savings and only pay an additional 3% Annual Percentage Rate (APR) for the loan convenience. For example, if you are currently earning 2.25% APR on your savings account, you can request a loan up to the balance in your savings at only 5.25% APR*. When the loan is repaid, you still have your savings.

Ask about these flexible payment plans today.

*APR = Annual Percentage Rate

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Equal Housing LenderEqual Housing Opportunity NCUAFederally Insured by NCUA
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