Credit building loans are designed for those who have a lower score or no credit history. The main goal of a credit building loan is to improve their credit within a minimum amount of time since loans for borrowers with low scores pay an estimate of $300 more compared to those with better credit history.

How it works:

  • Get a Certificate of Deposit (CD) with us.
  • Make regular monthly payments.
  • Get your money when the loan term is up.

Your credit score improves on account of the payment history, which we report to credit bureaus.


  • Build or rebuild credit
  • Improved scores
  • Flexible terms
  • Convenient rates
  • Saved money
  • Earned dividends
  • Accounts insured by the *FDIC

Warning: early withdrawal may result in penalties.

Terms: from 91 days to 5 years

Deposits: from $1,000 to $2,500 , depending on the term

Annual percentage yield: from 0.75% to 1.51%, depending on terms and deposit

*FDIC – Federal Deposit Insurance Corporation

**The terms and details are subject to change. Contact us directly to specify and confirm the details.