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Secured Loans
Secured Loans

Members Plus Credit Union allows you to secure a loan against your deposit account. 

• Maximum term is 10 years or maturity of collateral
• Weekly, biweekly or monthly payment options
• Payments can be made through automatic transfer from your savings or checking account, or 
   by using coupon books.
• Interest rate is 3% greater than payment of collateral
• Money Market and IRA Accounts may not be used as collateral.

Access the secure loan application and get started today or call 781-905-1500.



Your savings federally insured to at least $250,000 and backed by the full
faith and credit of the United States Government.
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