Certificate of Deposit Secured Loan
Certificate Secured Loans are secured 100% by your Westerra Certificate of Deposit (CD) and your loan term will match your CD term. The interest rate is typically lower because the loan is secured. Also, you continue to earn interest on your CD pledged as collateral.
Savings Secured Loan
These loans are secured 100% by your Westerra Share Savings account. This is a great way to maintain the balance in your account, plus you continue to earn interest on your savings pledged as collateral.
Secured Credit Card
Apply for a Westerra Visa®Select secured credit card and secure it with your Westerra savings account. The Visa Select card offers the lowest of the low rates and no annual fee. Within six months, you'll be on your way to establishing or repairing your credit.
Learn more about share secured loans in this brief article titled Building Credit? Try A Secured Credit Card.