A Deposit Secured Loan is a loan secured against balances in your Members Trust account - typically share savings or share certificate of deposit accounts. Deposit Secured Loans are perfect for members who:
- Would like to establish credit
- Would like to improve their credit score
- Want to keep a smart budget
Our Deposit Secured Loans are a great option to help build or repair your credit or make a purchase without dipping into your savings. Because this loan is fully secured by shares in your Members Trust Federal Credit Union account, it traditionally offers borrowers a lower rate.