Deposit Secured Loans

As your community bank, cultivating relationships is a big part of what we do. With a deposit-secured loan¹, you can build on the existing relationship you have with us by using your First Hope savings account or Certificate of Deposit as collateral to secure your loan. With this type of loan, you continue to earn interest on your money without depleting your savings. At the same time, you can use your personal loan to fund almost anything from home improvements, debt consolidation, to higher education costs.

Plus, since you’re using your deposits as collateral, this option offers competitive rates and a fast application process. It’s all of the borrowing power you expect from a large bank, with the personal service and local-decision making you deserve from your community bank. 

Completed applications can be sent to consumer@firsthope.bank or dropped off at your local branch.