Secured Loans

Looking for the best rate on a personal loan you can use for any purpose? Ask us about our guaranteed credit option. With a secured loan from First Exchange Bank, you can utilize your savings account or CD as collateral to help establish or repair your credit. As long as you repay your secured loan according to its terms, you’ll be able to maintain your savings account balance while still earning interest. Secured debt is a great way to get a personal loan at the best rate possible.

Benefits of Cash-Secured Loans

  • Flexible: Use it for anything.
  • Lower Rates: Because the loan is secured with collateral, interest rates are lower.
  • Fixed-Term Repayment: You’ll know how much your monthly payments will be and when the loan will be paid off.
  • Improve your Credit Score: Whether you’re trying to establish or rebuild your credit, a small secured loan that you repay on time can help raise your score over time.
  • Consolidate Higher-Interest Debt: Have credit card balances? Instead of making multiple payments, consolidate them into one term loan with a lower interest rate.

Contact one of our loan officers today!

We’ve helped generations of West Virginians reach their financial goals and we can help you, too. Come experience our friendly and personal service for yourself! Contact the North Central West Virginia loan officers at First Exchange Bank to learn more about secured personal loans.


*Subject to credit approval. Please contact your local First Exchange Bank for current interest rates.