What is a share loan? 

A share loan is a loan that uses your First Savings investments as collateral.
Here's a possible scenario:

  • You have invested your money at First Savings Bank in a Certificate of Deposit for two years. Suddenly an emergency arises and you require some cash.

  • Instead of withdrawing money from your CD and paying a penalty, borrow on your Certificate on Deposit.

  • You will continue to earn interest on your CD while you pay back your loan.

A share loan is an excellent choice for a variety of financing needs including auto purchase, home improvement, vacation, or college tuition.

Share loans offer flexible terms, reasonable interest rates and require no Application Fee!

Stop by any of our offices or call our Community Loan Center
at 215-257-5035 for free counseling.