Savings Secured Loans. Build or repair your credit!

Build or repair your credit with little risk.
Requires collateral ($ in your ACU accounts).
Low-interest fixed rates.

Confidence

You CAN increase and improve your credit score! Get an update on the status of your application today.

Savings Secured Loan Features & Benefits

Savings Secured Loans are the perfect loan option to increase your credit no matter where you're starting from.

Perfect for teens trying to build credit for the first time, (with a little help from their parents) and great for rebuilding credit.

Secured loans require collateral. When you purchase a vehicle with an Auto Loan, the vehicle is the collateral for the loan. A Savings Secured Loan means your collateral is money you have in savings. You can use funds in your Savings Account or Certificate of Deposit to secure the loan.

Savings Secured Loans offer a lower fixed-rate than a Personal Loan because they have collateral. This makes them a better choice for building or repairing credit. Your monthly payment won't change and you'll be paying a lower interest rate while your credit improves.

Loan Benefits

Low, fixed rate.
No application fee.
No prepayment fee.

Used For

Building credit.
Repairing credit.
Instead of a Personal Loan.

man on his cell phone researching savings secured loans

Savings Secured Loan Rates

Collateral Account	Term	Annual Percentage Rate (APR)
TEXT Share Savings Account	TEXT Up to 60 months	TEXT 4.00%
TEXT Certificate of Deposit	TEXT CD Maturity	TEXT 2.50% over Certificate of Deposit rate
Effective May 1, 2021

Collateral Account

Share Savings Account

Term

Up to 60 months

Annual Percentage Rate (APR)

4.00%

Collateral Account

Certificate of Deposit

Term

CD Maturity

Annual Percentage Rate (APR)

2.50% over Certificate of Deposit rate

Effective May 1, 2021

Questions? Call 1-800-543-2811.

Savings Secured Loan Resources

Budgeting Your Savings

It’s essential that you have good budgeting habits to increase your savings. Whether you’re budgeting and saving for a one-time event like a wedding, saving for a major life change like having a baby, or getting better at managing daily spending and saving in general, this eBook will help!

Full of budget templates and tips about creating a budget and tricks for sticking to it, this guide is essential for your future saving goals. With some organization and a good plan, you’ll be adding deposits to your Savings Account regularly.

Free eBook

The Easiest Way to Add to Your Savings Account

If you’re not familiar with the 52 Week Savings Challenge it’s a relatively easy way to add to your Savings Account over the course of a year.

On the first week put $1 in your Savings Account and leave it there for the whole year. On the second week put $2 in your Savings Account. Continue this pattern so on the 52nd week you’re depositing $52 into your Savings Account. At the end of the year, you will have saved $1,378 plus interest! For other variations of this savings plan check out our blog post Three Ways to Make the 52 Week Savings Challenge Work for You.

Personal (Signature) Loans

Personal Loans get you access to cash for anything you need money for. Check out today's rates and loan details.

Share Savings Accounts

Find out more about the ACU Savings Account and how you can use it to save for future events, milestones, or simply have emergency funds.

Personal Finance Blog Posts

Our blog has tons of valuable information about managing money. Check out the Personal Finance section to learn more.

Can You Cover a $1K Emergency

Only 48% of Americans say they could handle a $1,000 emergency expense using cash or savings in their bank accounts. Learn more.

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