Share Secured Loans
Get our lowest loan rates by using funds on deposit in your savings account or term share certificate as collateral. Your funds will continue to earn dividends, and the portion of your savings held as security will be released as you make payments. Certificate-secured loans are due at the maturity date. A share- or certificate secured loan is a great way to establish or rebuild your credit history.
The Fresh Start Loan is a $1,000 share-secured loan that is designed to help you establish or re-establish a credit record. The $1,000 will be placed in a savings account, where it will be held as it earns interest. Once you pay the loan in full, we will report the paid loan to the credit bureaus and the funds will be available in your savings account. For more information about this and other loans, please call (800) 899-8296 and ask to speak with a Loan Representative.
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