Savings-secured Loan

Use a Savings-secured Loan to establish credit, ideal for anyone wanting to secure a loan based on their own savings.

A Saving-secured Loan can be secured by a Basic Savings, Money Market, Investors Money Market or Certificate of Deposit account.
- Learn more about Savings-secured rates — The interest rate is 3% more than deposit account rate but not less than 5%.
Borrow up to the total balance of deposit account.
Earn dividends while repaying loan.
Great way to establish credit.
Make payments monthly or annually.
No application fees.
No prepayment penalty for early loan payoff.

Apply for a Savings-secured Loan