Signature Line of Credit
A signature line of credit can be used as a safety net that allows you to draw money when you need it. Payments are based only on the amount you borrow and are affordable at 2% of the current balance. It’s convenience and flexibility make it a popular choice.
| Features | Benefits |
|---|---|
| No processing fees | Saves money |
| Competitive fixed interest rate | Saves money |
| No pre-payment penalties | Saves money |
| Payments may be made via Payroll Deduction, automatic payments, Telephone Teller, Online Banking or by phone | Convenient |
| Maximum term is five (5) years | Affordable |
| Pre-approval allows fast, convenient service | Convenient |
| Funds may be requested by phone | Convenient |
| Funds may be advanced without signature once disclosure is in the file | Peace of mind, convenient |
| Funds can be used for a variety of purposes | Peace of mind |
| Member’s Choice™ Borrower Security makes your loan payment in the event of an emergency | Peace of mind, flexible |
| Access to account information in person, by mail, Telephone Teller and Online Banking | Convenient |
