Cash Secured Loans

Save interest by borrowing against your MCCU Savings Account or a Certificate of Deposit (CD) at a very low rate. The funds in the account will be used as collateral and you can borrow up to the available balance in the account.*

Benefits of Secured Loan:

• Low loan rates
• Terms to meet your budget
• Funds secured in your account continue to earn dividends and may be released as the loan principal is reduced through payments
• Ideal for building credit or making purchases without using savings