Deposit Secured Loans & Lines of Credit

Put your money to work!

Secure your loan with a deposit account and enjoy a low interest rate.

Secure your loan with funds already on deposit in a BCU savings account or CD. It's the smart way to borrow without depleting your funds, and you'll enjoy a lower rate. With a Deposit Secured loan or line of credit, you can secure your loan with funds already on deposit in a BCU savings account or CD. It's the smart way to borrow without depleting your funds, and you'll enjoy a lower rate.

Benefit from:

Low, fixed APR and fixed monthly payment for Deposit Secured loans—with first payment deferred for 60 days.
Low, variable APR for Deposit Secured Lines of Credit. Advance funds when you need them, and only pay interest on what you borrow.
An additional 0.50% APR reduction¹ on stock and share secured loans—with Rewards Rates (does not apply to secured lines of credit.
Maximum borrowing power—borrow up to 100% of the balance of the share account or CD
Continued dividend earnings during the loan term
No pre-payment penalty or loan fees
A quick approval process with access to funds in as little as the next business day.

Disclosure

¹APR is Annual Percentage Rate. APR is subject to change. The rates listed assume an automatic payment method and include a 0.50% discount for having two of the following relationships: a checking account with direct deposit of at least $1,000 per month; at least $25,000 on deposit with the credit union; or another qualifying loan in good standing. Qualifying loans include: Mortgage, Home Equity, Auto, and Credit Cards. A qualifying loan must have a current balance and credit cards must have a transaction within the past 30 days. Any Credit Union loan that is not in good standing or delinquent will disqualify you for Rewards Rates. Rewards discount cannot be applied to Credit Cards, Stock, CD and Deposit Secured Lines of Credit. All rates are subject to credit certification and approval. The rates shown are the lowest available and your rate may be higher.