CD Secured Loans

Personal Loan Secured by Assets in a Certificate of Deposit:

  • Terms cannot exceed maturity date of CD.
  • Funds on deposit are frozen until loan is paid
  • These loans have lower interest rate than other personal loans due to being secured
  • If you are looking to improve or build your credit, a CD Secured Loan may be what you need!

Who Should Consider A Secured Savings Loan?

A WCCU CD Secured Loan is a great option for the following members:

  • Are you building credit, but don’t have a credit card? Our CD Secured Loan provides a secure path to credit score improvement!
  • Are you a first-time borrower? This type of loan offers a low-risk entry into the world of credit which is backend by your CD to offer peace of mind.
  • A CD Secured Loan is also available if you’ve already opened a Certificate of Deposit and need those funds in the event of an emergency.

For more information about WCCU’s CD Secured Loans, contact any of our WCCU locations and we will be happy to assist you.