Certificate of Deposit (CD) Secured Loans

A CD secured loan can be a valuable resource if you seek quick access to funds but would like to avoid tapping into your savings. By using your Urban Partnership Bank Certificate of Deposit as collateral for a loan, you can access funds at a lower interest rate than is generally available through unsecured credit products. You’ll also find that the application process and disbursement of funds is quick and hassle-free!

  • Fixed terms of up to 5 years to match the terms of your Urban Partnership Bank CD
  • Alternative to high interest unsecured credit products, like credit cards
  • Gain access to funds without spending your savings
  • Quick access to funds possibly as soon as the following business day

We offer two loan types to meet your needs:

  • CD Secured – Consumer Installment Loan
    • Fixed interest rate
    • Loan amounts* of $1,000 to $50,000
    • Fully amortizing payments
  • CD Secured – Line of Credit
    • Variable interest rate
    • Loan amounts* of $1,000 to $250,000
    • Interest only payments
    • Borrow what you need, when you need it (as long as you stay below your maximum credit limit)

*Proof of income is required on higher loan amounts.

For more information, visit your local branch or contact Customer Service for assistance at 800.905.7725 or 773.420.5050 Monday thru Friday from 8:00 a.m. to 5:00 p.m. CT and Saturday from 8:00 a.m. to 1:00 p.m. CT.