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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.

Apply for your Secured Loan today or call 781-905-1500. 
Already have a loan with Members Plus, just fill out a
Loan Advance
!


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