Home Equity

It took a lot of hard work, but you got there. You bought a house and kept up with your payments. What's the next step — a car, a wedding, college tuition? Whatever it is, you don't want to use your equally hard-earned savings to get it. We offer two loans that transform your home's equity into budget-friendly financing.

A home equity loan will provide you with one lump sum, determined by your mortgage payments to date, to address short-term needs. A Home Equity Line of Credit (HELOC) provides ongoing funds, for long-term projects or bills, based on the equity you've built. Best of all, the interest you pay is even tax deductible!*

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Home Equity
Home Equity Loans
  • The existing equity in your home is used as collateral backing
  • Competitive rates for short-term or one-time needs:
  • Education expenses
  • Major life events
  • Major home improvements
  • Debt consolidation
  • Emergency reserve
  • And much more!
  • A wide range of terms customized to your unique needs
  • Easily transfer money from your home equity loan to your checking account, in-branch or by phone
  • The interest paid is tax deductible
  • Local, Metro East decision-making and processing
  • Helpful, member-first service throughout the entire process


Home Equity Lines of Credit (HELOC)
  • Competitively low, variable rates for a wide range of ongoing or seasonal needs:
  • Education expenses
  • Debt consolidation
  • Big life events (weddings, new baby, etc.)
  • Major/gradual home improvements
  • Medical expenses
  • Emergency reserve
  • And more
  • The equity in your home is used as collateral to secure the loan
  • The interest paid may be tax deductible*
  • Funds become available as needs arise; no need to apply for separate installments
  • Revolving credit; as balance is paid down, more becomes available for use
  • Local, Metro East decision-making and processing
  • Helpful, member-first service throughout the process

*Consult a tax advisor