Savings Builder Loan
Having an emergency fund on hand is important. Use the Savings Builder Loan to stash away funds while seeing your credit score grow as well!
Build Credit & Save
The loan principal is available to you as you pay it. Once the loan is paid in full, the entire balance is then given back to you!
Low Monthly Payments
Set up convenient, automatic payments to grow your savings and build your credit. No money is needed to secure this loan.
Our easy application process with attentive, friendly service from start to finish will provide you with an unparalleled loan experience.
Enjoy the Perks
Build savings while improving your credit score
No money is needed to secure loan
Eligible to members 18 and older who have means to repay the loan
Low monthly installment payments
Convenient automatic payments are available
Easy application process
Quick, local decision-making
Attentive, friendly service from start to finish
Build Your Credit
Looking to build savings while improving your credit? Lauren explains the Credit Builder Loan (which is similar to the Savings Builder Loan) in this short video. These loans are designed to help our members improve their credit score quickly while also building savings and conveniently making it easier for them to qualify for loans, such as a mortgage, with a lower rate in the future.
On more than one occasion the employees have gone above and beyond to help solve a problem with us. … read moreKim Katz5/11/2021
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The staff is the greatest. They make your experience there wonderful. Best financial institution I’ve ever been… read moreDennis Page12/27/2019
The staff at RMLEFCU are almost always extremely courteous and helpful. They have one employee Patrick who,… read moreMary C.4/04/2019
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