Personal Loans

Share-Secured Loans

Tap into your relationship with us at Garden Savings as an affordable source of funds for other needs. A Share-Secured Loan uses the funds you’ve established in your “share” savings or certificates as collateral backing to secure your loan. Share-Secured Loans typically offer lower rates and also help you to keep your established savings in tact and incurring dividends, thus reducing the actual cost of your loan.  

Summary
  • Typically lower rates than unsecured loans due to collateral backing
  • Available for a number of personal needs or auto loans
  • Funds secured by other “share” savings account balances or certificates established with Garden Savings
  • Portion of share balance not secured by the loan is available for withdrawal
  • Savings remain intact and incurring dividends, thus reducing the actual cost of your loan
  • Budget-friendly repayment terms
  • Helps establish or re-establish credit
  • Simple, hassle-free process supported by our local decision making and processing
  • Detail-oriented lending specialists who answer your questions in a timely fashion

Pay Your Loans from Outside Accounts*

It's quick and easy to apply

*Please be advised that payments made from outside accounts take 2-4 days to post to your account.