Savings-Secured Loans | Woodstone Credit Union | Federal Way Washington

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Savings-Secured Loans

A unique loan to suit your individual circumstance

Our savings- and certificate-secured loans are as unique to us as you are. As a member-owned cooperative, we are uniquely positioned to let you borrow money from us based on the amount of money you have in your savings account or your credit union certificate.
  • With a savings-secured loan, you can borrow money using a certain portion of the money in your savings account as collateral.
  • With a certificate-secured loan, you can borrow money using a certain portion of the money in your certificate as collateral.

Features:

  • Fixed rate, and typically a much lower rate than with other loans
  • Can help improve your credit score
  • You continue earning interest on your savings/certificate while paying down your loan
  • Can help provide structure to encourage savings

Apply today

  • Online
  • Call 253.925.6800 or 800.334.9828
  • Visit your local branch