Secured Loans

Designed for short-term borrowing needs.

  • Uses your own money as collateral
  • 2 types: Share Secured and Share Certificate Secured

Share Secured Loan (variable-rate loan)

This loan uses your own money in a share account as collateral. It is a very convenient way to borrow as you are borrowing money secured by the funds in your primary share account while you continue to earn dividends.

  • Variable loan rate
  • 2.0% over the current regular share rate

Share Certificate Secured Loan (excluding IRAs)

Your loan is secured by the funds in your share certificate. Your share certificate will continue to earn dividends.

  • 2.0% over pledged Share Certificate rate
  • Term due at maturity of certificate