FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Credit Builder Loans
A Simpler Way to Build Credit.
Challenges establishing credit? Need a boost to your current score? Take the first steps with our Credit Builder Loan*, designed to reward positive progress while helping limit the risks associated with traditional credit-building products. We’ve got your back every step of the way.
*No origination or application fee. Accounts for various factors that may result in a status quo or decreased credit score, such as negative information furnished by other creditors. Funds will be set aside at consummation into a Statement Savings Account. Once the loan is paid off, the borrower will have access to the loan proceeds (by keeping the savings account) plus any interest accrued. The Statement Savings Account has an interest rate of 0.01% and an annual percentage yield (APY) of 0.01%. Must maintain a $10 minimum daily balance to earn the annual percentage yield (APY). The annual percentage yield (APY) is current as of 06/08/2026. This is a variable rate account, and the rate may change any time after the account is opened. APY results when interest is left on deposit to compound daily on a basis of 365/365 days All deposits are FDIC insured to at least $250,000. DIF insures all additional deposits.
Building Credit is as Easy as 1, 2, 3
The Credit Builder Loan allows you to choose flexible loan amounts and terms**.
**Loan amount ranges from $500-$3,000. Loan term is 6-24 months. Loan rate is 3.50%. The following example depicts the interest rate, monthly payments, and total payments available for a $1,000 loan with a 24-month term: Borrower must be 18 years of age and have a source of income. A Credit Builder Loan of $1,000 with an interest rate of 3.50% for a period of two years would yield a payment amount of $43.20 over 24 months. Payments are due one month from the origination date. Payments are reported to the credit bureaus to help establish or build credit.
Choose Your Loan and Term*
Choose from loan amounts ranging between $500 and $3,000, with flexible repayment terms of 6 to 24 months. Enjoy a competitive annual percentage rate (APR) as low as 3.5%*, ensuring affordability and accessibility.
Make On-Time Payments
Your on-time monthly payments are reported directly to the credit bureaus, which can boost your credit score** and open doors to better financial opportunities.
Guidance and Support
Our team stands ready to assist, ensuring your credit journey is smooth and successful. Together, let’s elevate your financial standing.
*Loan amount ranges from $500-$3,000. Repayment terms range from 6 to 24 months. Loan rate is 3.50%. Borrower must be 18 years of age and have a source of income. The following example depicts the interest rate, monthly payments, and total payments available for a $1,000 loan with a 24-month term: a Credit Builder Loan of $1,000 with an interest rate of 3.50% for a period of two years would yield a payment amount of $43.20 over 24 months. Payments are due one month from the origination date. Payments are reported to the credit bureaus to help establish or build credit. Funds will be set aside at consummation into a Statement Savings Account. Once the loan is paid off, the borrower will have access to the loan proceeds (by keeping the savings account) plus any interest accrued. The Statement Savings Account has an interest rate of 0.01% and an annual percentage yield (APY) of 0.01%. You must maintain the minimum daily balance of $10.00 to earn the advertised APY. Fees and withdrawal may reduce earnings on accounts. The annual percentage yield (APY) is current as of 04/03/2026. The minimum balance to open the account is $10. This is a variable rate account, and the rate may change any time after the account is opened. APY results when interest is left on deposit to compound daily on a basis of 365/365 days All deposits are FDIC insured to at least $250,000. DIF insures all additional deposits.
**No origination or application fee. Accounts for various factors that may result in a status quo or decreased credit score, such as negative information furnished by other creditors.
Frequently Asked Questions
Ready to start building your credit?
Not Sure Where to Start?
Talk with someone who can guide you through the process.
