Financing Your Life in Maryland
Life in Maryland is full of opportunities—and expenses. Whether you need to replace your HVAC system before a humid summer, pay for a tuition gap at UMD, or finally consolidate those high-interest retail cards, a Personal Loan from SECU MD offers a flexible solution. Unlike credit cards with revolving debt, a personal loan gives you a clear finish line with a fixed monthly payment.
Signature Loans
No collateral needed. Borrow up to $50,000 based on your credit history and income. Ideal for debt consolidation or travel.
Share Secured Loans
Borrow against your own SECU MD savings or CD. You continue to earn dividends on your deposit while getting a significantly lower loan rate.
Calculating the "Cost of Money"
Use this calculator to find your "sweet spot." Sometimes extending the term from 36 to 48 months can lower your payment enough to make a renovation project feasible, even if it means paying slightly more interest overall.
SECU MD Borrower FAQs
Is there a prepayment penalty?
No. SECU MD does not charge you for paying off your loan early. If you get a bonus or tax refund, apply it to your principal to save on interest!
How much can I borrow?
Signature loans typically range up to $50,000, while secured loans can go higher depending on your deposited funds. Terms generally range up to 84 months for larger amounts.
Do I need to be a member?
Yes. To obtain a loan, you must be a member of SECU MD. However, eligibility is broad—including state employees, university students/alumni, and employees of over 1,900 partner organizations in Maryland.
Get Started Today
View the current "As Low As" rates and apply online in minutes.
View SECU MD Rates