In celebration of Thanksgiving, all NEFCU branches will be closed Thursday, November 23rd. We hope you have a wonderful and safe holiday!

Building a stronger foundation

Secured Loans

Uses the funds in your savings account as collateral
Uses the funds in your savings account as collateral
Fixed rate only 2% above the current savings account rate
Fixed rate only 2% above the current savings account rate
Your savings earns interest while securing the loan
Your savings earns interest while securing the loan
Funds become available as your loan is paid down
Funds become available as your loan is paid down
No credit inquiry, no negative impact on your credit score
No credit inquiry, no negative impact on your credit score

Looking to establish or repair your credit? If you have money in your Savings account, you can borrow against these funds and pay your loan back over time — which helps establish or re-establish credit for yourself quickly and easily.

Apply Now