Empowerment Credit Builder

Do you need credit or to improve your credit? We just help.

How It Works

It’s easy! Upon approval, funds borrowed are deposited into a Bonus Savings Account on your behalf and held as collateral. Each month, through the term of your loan and as you make your payments, CIBM Bank will report your payment history to the credit bureaus. When the loan is paid in full, funds held as collateral in the savings account, including interest earned, are released to you!

Couple Riding Bikes
Online Banking

Loan Options

Loan Amounts of $1,500, $2,000, or $2,500
  • 7.00% APR fixed for a term of 12 months
  • 7.25% APR fixed for a term of 18 months
  • 7.50% APR fixed for a term of 24 months

†Annual Percentage Yield (APY). *Funds are held as collateral for bank. As of 10/14/22 Bonus Savings Account balances of $0.00 - $499.99 (0.05% APY); $500.00 - $9,999.00 (0.07% APY); $10,000.00 and above (0.10% APY) and subject to change at any time. Rates are effective as of 10/14/22. All loans are subject to underwriting standards, conditions and credit approval. **Annual Percentage Rate (APR) stated as of 10/14/22 and subject to change at any time. Credit building results are not guaranteed. Improvement in credit score is dependent on your specific situations and financial behaviors. While conscientious performance of the loan terms may improve your credit score, this product will not repair credit, and negative credit history will not be removed from a credit report as a result of this program.