What is it?
DirectLenderMatch classifies Savings / Share-Secured Loan under the financing form “Secured term loan.” Its typical use in this directory is: Build credit or borrow without liquidating deposit.
How does it work?
The structure is generally evaluated, supported, or secured using the following basis: Savings/share account. Exact underwriting, eligibility, terms, and availability are provider-specific and can change.
What can it be used for?
Build credit or borrow without liquidating deposit.
What backs or supports it?
Savings/share account.
Why does this structure exist?
This structure provides a defined way to address the financing need described above. The provider, transaction, collateral, and underwriting context determine how the structure is implemented in practice.
Important considerations
Confirm current costs, risks, licensing, eligibility, collateral treatment, recourse, tax consequences, and availability directly with the provider and appropriate professional advisers. DirectLenderMatch does not compare rates or recommend products.
Is this actually a loan?
Workbook classification: Yes. Financing forms such as leases, purchases, shared equity, advances, and guarantees may solve a funding need without being conventional loans.
Verified lenders or providers
Direct credit-union lender
AOD Federal Credit Union
AOD FCU currently offers a Share Secured loan backed by available funds in the member's regular savings account.
Official evidence page →Last verified: 2026-08-23
Direct credit-union lender
Aerospace Federal Credit Union
Aerospace FCU currently lists a Share Secured Loan allowing members to borrow against funds on deposit.
Official evidence page →Last verified: 2026-08-23
Direct credit-union lender
America First Credit Union
America First currently offers share-secured loans that let members borrow against Share Savings while the pledged deposits remain on account.
Official evidence page →Last verified: 2026-08-23
Direct lender
Navy Federal Credit Union
Navy Federal currently offers savings-secured loans backed by the member's savings account.
Official evidence page →Last verified: 2026-08-23
Direct credit-union lender
State Employees' Credit Union (SECU)
SECU currently offers a Share-Secured Loan fully secured by the member's Share Account, which continues to earn dividends during the loan term.
Official evidence page →Last verified: 2026-08-23
Related financing structures
Certificate of Deposit (CD)-Secured Loan
Borrow against CD without redeeming it
Overdraft Line of Credit
Cover checking-account shortfalls
Credit Card Cash Advance
Cash accessed against card line
401(k) / Qualified Plan Participant Loan
Borrow from eligible employer retirement plan
Buy Now, Pay Later (BNPL) Installment Credit
Split retail purchase into installments
Credit Card Revolving Credit
Purchases and revolving consumer credit