Our share secured loans use the balance in your primary saving account as collateral for a loan. That’s right, we’re rewarding you for saving with us with a member-only loan special. 

Instead of using your savings to make a purchase, you can borrow against it and your money stays put. That way you can continue to earn dividends on your savings balance, keep your nest egg safe, and qualify for our lowest loan rates. Now that’s a great deal!

Share secured loans are also a good way to establish or rebuild credit. Since your repayment behavior is reported to the credit bureaus, making your payments on time and in full can help build a positive credit history.

Here’s how it works: 

  • 1.99% APR
  • Borrow up to 100% of the funds in your savings account – up to $80,000
  • Flexible terms between 6 and 96 months
  • As the loan balance is repaid, the savings funds become available for use or withdrawal

Let's get started

Simply apply online, give us a call, or stop by any of our branches to take advantage of this unique low-interest loan.

Apply Online

APR (Annual Percentage Rate) as of October 1, 2020 and is subject to change. Loan subject to Credit Union approval. Minimum loan amount $500, maximum loan amount $80,000. The hold on your savings balance will reduce monthly by the principal payment amount. Terms and conditions apply. Loan payment example: Pay $11.28 per month for each $1,000 borrowed at 1.99% APR for 96 months.