Savings Secured

Carolina Federal Credit Union offers a savings secured loan. A savings secured loan allows you to continue earning interest on your CFCU savings account while using it as collateral. Once the Savings Secured loan is paid off, the savings account will be released from hold. A savings Secured loan can be used for a variety of needs at the lowest rate available.

  • Use savings as collateral, while keeping savings intact and continuing to earn interest
  • Repaying a Savings Secured loan on time can help build or repair your credit
  • Use for a variety of needs such as:
    • Emergency expenses
    • Home Renovations
    • Education
    • Wedding
    • and more!

Apply online for a Savings Secured Loan!

View our current Loan Rates.

CFCU offers loan protection insurance at no direct cost, along with Credit Disability Insurance to keep your mind at ease.

If you have questions or need further information, please Contact Us. We’d love to hear from you!