Personal Secured Loan

Use a CD, a savings account, or other collateral to secure a loan for a special purchase or to consolidate debt. With flexible loan term lengths, you can pay off your credit card debt or make household purchases. Using a personal loan instead of your savings will keep cash on hand in case of emergencies.

Loan Details

  • When you use a savings account to secure the loan:
  • When you use a CD to secure the loan:

No Processing Fee.

Interest Rates

Type Tier or Term Interest Rate  APR1 Estimated payments
Savings Account 6-60 months 5.50% 5.502%* 36 months/$90.59*
Certificate of Deposit $2,500-$10,000 2.75% over CD rate 3.35%** 48 months/$167.17**
Certificate of Deposit $10,001 and above 2.25% over CD rate 3.098%*** 60 months / $360.24***

*APR based on a $3,000 loan amount for a 36 month term.

**APR and estimated paymet based on a $7,500 loan amount for a 48 month term. Estimated payment based on a 3.349% interest rate (2.75% over 0.599% CD rate) CD rate is subject to change.

***APR and estimated payment based on a $20,000 loan amount for a 60 month term, and reflects a financed $50 processing fee. Estimated payment based on a 3.097% interest rate (2.25% over 0.847% CD rate) CD rate is subject to change.

How to Apply

Stop by one of our convenient banking centers located throughout Chicagoland to apply for your loan


1 Annual Percentage Rates (APR) are current as of 03/01/2018. Rates are subject to change without notice and may vary depending on credit qualifications. Minimum savings account secured loan is $500 and the minimum CD-secured loan is $2,500.