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When you use a secured loan to borrow against your existing savings or certificate account, funds equaling the amount of the loan are frozen from use and released when your secured loan is paid back.

Share Secured Loan

A Share Secured Loan can be helpful if you have a large purchase coming up and don’t want to dip into your savings, or if you need to establish a credit history or improve your credit rating.


  • Making monthly payments on time can help build your credit profile
  • Your savings will continue to earn dividends
  • Terms are available up to 60 months depending on amount you borrow

Certificate Secured Loan

So what if you find yourself in a situation where you need access to that cash now?

A secured loan lets you borrow against your existing certificate, so you continue to gain dividends and avoid early closure fees while paying back your secured loan. This can save you anywhere from 3-12 months’ worth of dividends depending on the terms of your agreement.


  • Your certificate continues to earn dividends while you use and pay back your loan
  • No early withdrawal fees
  • The term of your secured loan mirrors that of the certificate, creating a streamlined loan experience

Payment example: For a loan amount of $4,000 borrowed at an APR (Annual Percentage Rate) as low as 2.30% for 48 months, your monthly payments would be $87.32.

Rates shown are "as low as." Rates are subject to change without notice. APR = Annual Percentage Rate; APR is calculated as follows: Share certificate rate + 2%.

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