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Shared Secured Loans

Don’t withdraw funds from your savings to make a purchase.

Use this affordable solution to finance any need – using your savings as collateral. You’ll benefit from an excellent rate while still earning interest on your deposits.

MAFCU Shared Secured Loan
  • Use for any purpose
  • Repay in terms of up to xx months
  • Your savings secures an excellent low rate
  • It’s also a sensible option when building credit

– just click on the link below!

Share SecuredRateAPR*TermCalculators
Share Secured Loans up to 5 years 2.25%2.25%n/aCalculator

* APR – Annual Percentage Rate

A shared secured loan is a type of loan where the borrower pledges collateral to secure the loan, and the funds are held in a savings account or other type of account until the loan is repaid.

Competitive & Flexible

Manville Area Federal Credit Union’s shared secured loans come with competitive interest rates and flexible repayment terms, making it easier for members to manage their finances. Members can borrow up to a certain amount, depending on the value of their collateral.

Overall, a shared secured loan from Manville Area Federal Credit Union can be a great way to borrow money while using your savings or other collateral as security. Whether you need to consolidate debt, finance a major purchase, or cover unexpected expenses, the credit union can help you get the funds you need at a competitive rate and with flexible repayment terms.


Manville Area Federal Credit Union offers shared secured loans to its members as a way to borrow money while using their savings or other collateral as security.

MAFCU Shared Secured Loan Benefits


One of the benefits of getting a shared secured loan from Manville Area Federal Credit Union is that the interest rates are typically lower than those of unsecured loans. This means that members can save money on interest charges and pay off their loan faster.

Another advantage of getting a shared secured loan from the credit union is that the loan terms are often more flexible than those of other lenders. Members can choose a repayment term that works best for their budget, and they may be able to make additional payments without incurring penalties.

Additionally, getting a shared secured loan from Manville Area Federal Credit Union can be a great way to establish or improve your credit score. By making regular, on-time payments, members can demonstrate their creditworthiness to other lenders, which can help them qualify for better loan terms in the future.


To apply for a share secured loan

To apply for a shared secured loan, members need to provide some basic information about the collateral they want to use, such as a savings account, certificate of deposit (CD), or other type of asset, as well as their income, employment status, and credit history. The credit union will then evaluate their application and determine whether they qualify for a loan and what the terms of the loan will be.

Once approved, the funds will be disbursed to the member’s account, and they can use them for any purpose they choose. The loan must be repaid in monthly installments over a set period of time, typically ranging from one to five years.