Use the home equity you’ve built to open a flexible line of credit for nearly any opportunity that comes knocking.

Take advantage of our Special Intro Rate: 5.99%1 APR! 

See below for HELOC disclosures.

Key Features

A Home Equity Line of Credit (HELOC) is a great way to fund unexpected expenses, home improvements, education costs, major life events and more! Use the existing equity in your home as collateral backing to borrow against your home, and use it for any purpose. 

Take advantage of our special HELOC introductory rate of 5.99%1 APR. Act fast, this offer won’t last long! 

  • Annual Percentage Rates (APRs) ranging from Prime - 0.50% (currently 8.00%) to Prime + 0.75% (currently 9.25%)1
  • The existing equity in your home is used as collateral backing
  • Accommodating repayment terms that work uniquely for you
  • Funds available anytime without reapplying; apply once, then use repeatedly thereafter
  • Revolving credit – as principal is repaid, more becomes available for use
  • Funds easily available via check, online transfer to deposit account, or in person at Bank Financial Center
  • The interest paid might be tax deductible1
  • Set up automatic payments to be deducted from your account monthly
  • Local decision-making and processing just down the street
  • Attentive, friendly service from start to finish

1 Fixed interest rate of 5.99% Annual Percentage Rate (APR) available for applications after July 27, 2023. Six months after your loan origination date, any outstanding balances owed will revert back to a rate as low as Prime -.50%, currently 8.00% variable APR. 

Minimum Payment: Your “regular payment” will be based on a percentage of your outstanding balance or $75, whichever is greater.  Your minimum payment will be the regular payment, plus any amount past due and all other charges.  Please refer to your Original Loan Documentation and Credit Agreement and Disclosures for specific regular payment percentages.  The minimum will not fully repay the principal that is outstanding on your Credit Line and your final payment will be a single balloon payment.  The payments on your loan may not include amounts for taxes and insurance premiums and the total payment obligation will be greater.  

Maximum Rate and Payment Example: If you had an outstanding balance of $10,000, the minimum payment at the maximum annual percentage rate of 25.000% would be $212.33. This ANNUAL PERCENTAGE RATE could be reached at the time of the 3rd payment. 

*A change in the ANNUAL PERCENTAGE RATE (APR) can cause the balance to be repaid more quickly or more slowly. When rates decrease, less interest is due so more of the payment repays the principal balance.  When rates increase, more interest is due, so less of the payment repays the principal balance.  If this happens, we may adjust your payment as follows: your final payment may be increased. Each time the APR increases, we will check to see if your payment is sufficient to cover all accrued FINANCE CHARGES. 

Homeowners insurance is a requirement of your current loan.

Annual fee remains as stated in the original terms and conditions (up to $50) with no additional fee or costs for this offer. Annual fee is incurred on this loan even if the line of credit is not utilized.  

Third Party Fees: You may pay certain fees to third parties such as appraisers, credit reporting firms, and government agencies. These third party fees generally total between $250.00 and $900.00. Upon request, we will provide you with an itemization of the fees you will have to pay to third parties. 

2You should consult a tax advisor regarding the deductibility of interest and charges for this plan.