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Secured Loans

Borrow from yourself without using your own money

A Secured Loan lets you get cash when you need it, without dipping into your savings. It’s a smart way to meet today’s needs while continuing to save for the future.

Save + Spend at the same time

You need money for an immediate expense or purchase. There’s enough in your Addition Financial Savings or Money Market account to cover it, but you hate the idea of using the money you worked so hard to save. We’ve got a solution for you: instead of draining your savings, borrow against it! With a Secured Loan, you pledge your savings as collateral. It continues to grow and earn dividends while you use and repay the loan you need.

Build credit while you borrow

Because you’ll be backing the loan with your own funds, it’s often easier to get approved for a Secured Loan than an unsecured loan. You may even qualify for better rates when you borrow this way. And while you work on paying your Secured Loan back, you’ll be building your credit plus protecting your savings.

  • Minimum loan amount: $500
  • Maximum loan amount is 100% of the amount of funds available in the share savings account, not to exceed $300,000
  • Repayment terms of up to 120 months
  • Rate is determined by term length
  • There must be sufficient funds in the share or money market account to cover the loan

Why Addition Financial?

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Easy to Find

Convenient locations + shared branches nationwide.

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Earn More + Pay Less

Competitive rates on deposits, loans and credit cards.

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Keep It Local

Your money stays right here in the community.

Additional Features and Benefits

  • Online and mobile access
  • Friendly member service
  • Discount tickets, goods and services
  • Financial assistance and education
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Pursue your dreams and goals

Whether you’re looking to pay down bills, travel or simply enjoy some extra cash, an Addition Financial personal loan can help you make those dreams a reality. 
  1. 1
    Review eligibility

    Anyone who lives, works, worships, volunteers or attends school in 22 select counties may join. View our "Become a Member" page for full eligibility.

  2. 2
    Complete loan application

    When you’re ready, complete the online application or visit your branch to apply in person.

  3. 3
    Get your loan

    Enjoy your new cash.

Get your learn on

Think of us as your personal financial guru, partner and coach for wherever life’s journey takes you. To help you live your best life, we offer money management tools, financial literacy seminars and expert advice that’s easy to understand. Start making every moment (and every penny) count.