Secured Loans

Your smart saving strategy is about to pay off big time to help you build your credit.

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Looking to build your credit history quickly and safely while accessing money you need? With Power Financial Credit Union, you can use your savings balances as collateral for a personal loan with a low interest rate. The bottom line? You get the cash to take care of today's needs while leaving in place the savings that's going to give your family a brighter tomorrow.

Funds available for any purpose, from home remodeling to major purchases and family vacations
Continue to earn interest on deposits while paying a low loan rate
Loans can be secured with either savings account balances or certificates of deposit
Low monthly payments
Flexible repayment terms, with a maximum of 60 months
Ideal for paying off higher interest credit cards or loans

Power Financial Credit Union serves members across South Florida with 8 full-service branches and offers convenient account access from anywhere using its secure Online Banking and highly-rated Mobile App.