Account-secured loans for any reason.

You may use the funds from a secured loan for any reason including, consolidating higher interest rate debt, paying for college or wedding expenses, or taking a much-needed vacation. It’s entirely up to you.

Certified Federal Credit Union offers two specific types of secured loans:

Share-Secured Loans

A Share-Secured loan is secured by your Certified Federal share (savings) account. These funds are frozen and used as collateral to qualify for a loan.

The amount of your loan cannot exceed your Share Account balance.

Share Certificate (CD) Loans

If you have a share certificate (CD) with Certified Federal, the principal of the CD is used as collateral to qualify for a personal loan. You will continue to earn a yield during the time that the principal secures the loan.

The amount of your loan cannot exceed 90% of your share certificate account balance.

Click below to apply online. If you have any questions about secured loans, please call our Loan Department at 323.859.2250, Option [1].