Secured Mastercard®

What exactly is a Secured Credit Card?

It’s a real credit card used to build a credit history with the three major credit bureaus. To get started, you’ll need to deposit a minimum of $250 into your Savings account. The deposit you supply will determine your credit line. Visit your local branch to apply today.

How does it work?

1. Simply apply and supply us with a deposit.
   The application process is simple. Secure your line with an equal deposit. If you want a $500 credit line, we’ll need a $500 deposit to your Savings account. You can grow your credit line simply by adding additional deposits.
2. Use your card responsibly – we want you to succeed just as much as you do.
   Pay your bill on time each month. Even better, pay your balance in full each month to avoid any interest charges on your purchases.
3. Build your credit history as you go.
   This is the first step in getting your credit history in line with your financial goals. You’ll build your credit history each month and possibly qualify to get your deposit back.

Your Secured Credit Mastercard comes with additional benefits to make your financial life easier: