Credit Builder Loan

Whether you are a young adult with no credit history or have had past credit problems, this loan is designed to help! A Credit Builder Loan is a great way to build or reestablish credit, with a rate much lower than other financial institutions.

  • $500 - $3,500 loan amounts
  • 6 - 36 month terms
  • Competitive, Annual Percentage Rate of 3.10% (variable)

How It Works

 
Loan proceeds are placed on hold in your Share Savings Account** instead of receiving the funds up front. Monthly payments are made toward the loan amount for a period you choose (6-36 months).
 
Once payments have been made in full, the money is yours, and is available to withdraw and use as you please!