Secured Loan

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Need extra cash flow?
Do you have a savings account to use as collateral?
Want to keep from liquidating your savings?

Instead of cashing out your savings, you can make payments on a loan and still keep your hard-earned money, with a Desert Schools Secured Loan. You may borrow against a Desert Schools Secured Savings account for up to 10 years at a competitive rate.


Secured Loan
  • No application fees or pre-payment penalties
  • No annual fee
  • Competitive rate
  • Terms available up to 120 months
  • Low monthly payment1
Members with a Secured Loan may save .25% APR by signing up for eStatements and making automatic payments from their Desert Schools checking account.

Desert Schools holds savings account funds to cover the loan. The amount held is reduced as the loan balance is paid down.
1$25 minimum monthly payment.

Equal Housing Lender Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S.Government Agency. ©2014 Desert Schools Federal Credit Union