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, contact us or visit your local branch

Our new branches offer responsible, affordable services and products that make banking more convenient and an exceptional value for customers.

- William Farrow
President and CEO, Urban Partnership Bank