Share Secured Loans
You can borrow against money you have deposited into one of our share accounts or certificates of deposit. Instead of paying cash, why not borrow your own money instead with a Collateral Loan on your Certificate of Deposit or Regular Share Account.
Features / Benefits
- Lower rate than a personal loan
- Quicker approval process than regular loans
- No credit check required
- Fixed rate of interest at 3.00% above the CD or Regular Share Account dividend rate
- As principal payments are made on the loan, the money from the share account becomes available