Lines of Credit
If a loan and a credit card got married, this is what their baby would look like. Not that there's anything childish about our line of credit.
In fact, it's probably the best kept secret in financial tools. Utilize the pre-approved credit line for occasional needs, short-term situations, or to consolidate debt.
Unlike a traditional loan, you only pay interest on what you use, not the entire amount. And there's no need to reapply each time you need the funds.
- Summary
- Competitive interest rates
- Local decision making
- Access funds as needed, or not at all
- Interest only on what you use
- Ideal to cover sudden expenses or unexpected opportunities
- Access funds online, by phone, or in person at any branch
- Option to payroll deduct any monthly payments
- Payment protection available
