Whether you need funds for a specific purpose or unexpected expenses, our secured loans offer a reliable and cost-effective solution. Using your Share Savings Account or Certificate as collateral, you can enjoy low rates and retain your hard-earned savings. Explore the benefits of our Share and Certificate Secured Loans today.
Certificate secured loans
- Borrow at an affordable rate using the balance in your certificates as collateral.
- The maximum loan amount is equal to the current value of your certificate.
- Monthly interest payments are required with a $500 minimum loan amount.
- The loan must be fully repaid upon the maturity date of the certificate.
- The interest rate is just 3.5% higher than the rate on your certificate.
Share secured loans
- Use your Share Account balance as collateral to secure a loan and enjoy a lower interest rate.
- The maximum loan amount is equal to the balance available in your Share Account.
- A minimum loan amount of $300.
- Competitive rates starting from Base* + 3.5%, varying by term duration up to 60 months.
*Base = highest current tiered share account rate.
