Fraud Alert

The financial industry is experiencing a significant increase in fraudulent activities and scamming attempts to access personal account information. DFCU will never contact you asking for your PIN, Password, or other account credentials. If you have any questions about your account, contact DFCU at 800-326-3328. To learn more about protecting yourself from fraud, click here

Share-Secured Loans


Backed by your own savings

Strengthen your credit through deposits

A share-secured loan is a type of personal loan that uses your own savings as collateral. Instead of depleting your savings on those big purchases, you can lend it to yourself. As a result, you don’t lose out on any savings interest!

Share-Secured Features:

  • Perfect way to establish or rebuild credit
  • Lower interest rates than unsecured loans
  • Local service & support from Deseret First
Start Application
mother and father with their young son at the grocery store

How does a share-secured loan work?


Number 1

First you’ll need to start with our 100% online application.

Number 2

Next, decide how much of your savings you want to borrow. We don’t demand a minimum like other financial institutions.

Number 3

Don’t worry, there’s also no origination or pre-payment fees!

Number 4

Finally, choose where you want your funds deposited: your account, a check, or prepaid VISA card.


Flexibility is important. Especially when it comes to finances. That’s why we at DFCU offer adjustable terms. When you bank with us, you get the individual attention you expect. We also offer our share-secured loans at a variable rate. The Annual Percentage Rate of the loan is 3.00% higher than the current savings account interest rate.

Loan Requirements


mature couple at the beach

To qualify, you’ll need:

  • Membership & eligibility
  • Credit approval
  • Monthly payments withdrawn from your account

Apply online today! For questions or to apply directly with a representative, call 801-923-6176 or 800-326-3328. Available weekdays: 8am-7pm, Sat: 9am-2pm. Additionally, you may visit any Deseret First Branch.

Start Application

Borrowing with synergy— we’re on your side.

Start Application