Share or Certificates of Deposits (CD) Secured Loans
Share-secured loans give you the convenience of borrowing at a low rate, while working on establishing credit. Loans are secured by your share savings or CD, which means the loan is based on your balance, not your credit score, with no lengthy application process.
Rates are set at a low fixed amount over the current share or certificate rate in your account. You can borrow up to 100% of your account balance and pay the loan off at any time—there’s no prepayment penalty!
Rates: 2.75% over the current share or certificate rate
Term: Up to 180 Mos