Secured Loans
Access funds at our exceptional rates while establishing a positive payment history.
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Build (or rebuild) your credit with a loan backed by your own assets.
Take a strategic approach to building (or rebuilding) your credit with F&A's Secured Loan. By using your Savings Account as collateral, you'll continue to earn interest on your savings while simultaneously strengthening your credit profile through consistent, on-time payments. It's a smart financial move that can pave the way to better opportunities. Let’s get started.
At a glance
- Low, exceptional rates
- Terms up to 120 months
- Funding up to 90% of funds on deposit
Apply now via Digital Banking, by calling our Member Contact Center, or in person at one of our branch locations.
Loan details
- No origination fee
- No application fee
- No credit check or proof of income required
Secured Loans
Build your credit using up to 90% of your Ownership/Savings Account balance, all for a low rate.
Term
APR{{all_personal_apr}}
Up to 72 months
Share Rate + 2.25%
73 to 96 months
Share Rate + 3.25%
97 to 120 months
Share Rate + 4.25%
LTV
90% of funds on deposit
Origination fee
$0.00
Application fee
$0.00
FAQs
Do F&A Secured Loans build credit?
Yes, an F&A Certificate Secured Loan will help you build credit in a manageable way while also allowing you to continue earning interest on your certificate savings.
What is the difference between a Certificate Secured Loan vs. a Secured Loan?
The difference between an F&A Certificate Secured Loan vs. an F&A Secured Loan is which account secures the loan. Both of these loans allow you to borrow up to 90% of your account balance to fund a loan.
Explore More
Financial Coaching
Get free, personalized guidance on budgeting, saving, and debt management strategies with F&A's certified Financial Coaches. In personalized sessions, they’ll help you build better money habits to achieve your financial goals.
Secured Visa
Build credit with a manageable balance limit backed by your F&A Ownership/ Savings Account.
APR{{cc_apr}} for purchases
9.90%
APR for balance transfers
9.90%
APR for cash advances
9.90%
Annual fee
$0.00
Credit line
$500.00 to $10,000.00
Auto Loans
Finance a new or used car or truck up to 125% loan to value with a low-interest F&A auto loan.
APR{{auto_apr}} as low as
4.25%
Maximum term
84 mo.
Maximum loan
$150,000.00
Maximum vehicle age{{auto_max_age}}
12 years