Secured Loans & Lines of Credit
Low-rate loans to help you build credit fast
WSECU offers Share- and Certificate-Secured Loans and Share-Secured Lines of Credit — loans that are guaranteed with funds in your WSECU savings account or share certificate. With a secured loan or line of credit, you’ll:
- Receive a rate that’s lower than personal loans.
- Build or improve credit.
- Continue to earn dividends on your held funds.
To apply, schedule an appointment or visit your nearest branch and we’ll get you started.
Secured loan and line of credit rates and terms
Secured Loans and Lines of Credit
Secured loan and line of credit rates and terms
Share-Secured Loan
Variable Rate*
3.09%
definition for Annual Percentage Rate (APR) :
Annual Percentage Rate (APR)
Up to 96 months
definition for Payment period :
Payment period
Compensating share balance required
Certificate-Secured Loan
Variable Rate*
Earning rate + 3.00%
definition for Annual Percentage Rate (APR) :
Annual Percentage Rate (APR)
Up to 96 months
definition for Payment period :
Payment period
Compensating certificate balance required
Share-Secured Line of Credit
Variable Rate*
3.09%
definition for Annual Percentage Rate (APR) :
Annual Percentage Rate (APR)
Based on 4% of balance
definition for Payment period :
Payment period
Compensating share balance equal to limit
* Rates and terms listed are current as of August 1, 2023. Rates and terms are subject to change at WSECU's discretion.