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Share Secured Loan

This is a loan for the savvy saver and borrower. It's the smart way to get a lower rate on your loan by tying it to your savings.

About the Share Secured Loan:

  • Terms range from 24 - 48 months
  • Your savings account is the collateral for this loan which means you must keep the money in there until the loan is paid off.
  • This is loan helps to build your credit history.

Quick Facts:

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tipIf I pay down my loan from $1000 to $200, do I still need to keep $1000 in my savings?

No, with a $200 loan balance, you only have to keep $200 in your savings account.