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Credit Building Loans

Build or rebuild your credit.

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Good credit supports prosperity

If you have no credit, or are looking to maintain or improve your score, our credit building loan options offer flexible ways to move you forward.

Secured VERMONT Platinum Credit Card

This secured credit card uses the money in your savings account as collateral for the credit limit. Here’s how it works:

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    Get approved

    Get approved with any credit score for a credit card limit between $500 and $15,000. Your savings will secure the credit limit.

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    Make monthly payments

    Build or rebuild credit by making timely monthly payments. You may transfer your savings to pay off the card at any time.

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    Free your savings

    Once your credit has improved, you can reapply to have the hold on your savings lifted.

VERMONT Platinum Visa Credit Card

Transaction Type


APR = annual percentage rate, effective as of 11/6/2023.

Transaction Type

Vermont Based Rate 4



Transaction Type

Standard Rate



Transaction Type

Cash Advances



Transaction Type

Balance Transfers



Savings Secured & Certificate Secured Loans

Want to work on your credit score, or simply want a low interest loan option? A Savings or Certificate Secured Loan may be the perfect answer. Here’s how it works:

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    Determine what you need

    If you have a certificate or funds on deposit that you don’t need access to for daily or monthly needs, you can borrow against that money. This loan has a $300 minimum and no maximum.

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    Enjoy low rates and flexible terms

    Priced at 3% above deposit rates with flexible terms and manageable payments to help build and maintain your credit.

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    Release the hold

    As you build your credit, you’ll also release the funds we’re holding to secure the loan. Every payment you make will reduce the hold by the amount paid to principal.

Deposit Secured Loans 1,3


Terms up to


APR = annual percentage rate, effective as of 11/6/2023 and reflects the current minimum APR offered.


Savings Secured

Terms up to

180 months


3% above deposit rate


Certificate Secured

Terms up to

180 months


3% above certificate rate

Credit Builder Loan

Don’t have the funds or a Certificate to secure a loan? Our Credit Builder Loan will help you save money and improve your credit score.

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    Apply for $300 Plus

    Apply for a loan amount between $300 and $1,000. Once you’re approved, we place the money in a dedicated savings account.

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    Pay to build credit

    By making timely payments on the principal and interest on the loan, you can improve or build your credit score.

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    Earn released funds

    Your payments release funds in your account equal to the amount of principal you have paid down.

Learn more about building your credit

  • Young Person Holding Credit Card

    8 Tips for Building Credit – For the Beginner

    How do you build credit when you have no credit history? I’d like to tell you it is easy, but …
    Read more

  • Woman Working on Computer

    Five Common Credit Score Myths

    When it comes to credit scores there are a lot of myths, which can cause consumers to make poor decisions …
    Read more

  • Person Paying with Credit Card

    Credit Score Breakdown: 5 Factors of a Healthy Score

    Your credit score is a number, based on your credit report, that helps financial institutions determine if you will repay …
    Read more

Apply for a credit building loan

If you are already a member and want to apply online, it’s easier to open an account once you’ve logged into online or mobile banking. That way we can save you time by pre-filling the application with your information.

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– Other rates and terms may be available. APR may be adjusted based on your individual credit standing and term.
– Payment example: $1,000 loan for 12 months at 3.10% APR will have a monthly payment of $85.00.
- Applies to purchases identified by the state code used by the merchant’s processing system. All transactions processed by merchants with a Vermont state code and balance transfers will receive the Vermont Based Rate. See Consumer Credit Card Agreement and Disclosure for important terms and conditions.