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Home Equity Line of Credit, .99% APR* for the first 6 months Limited time only!     "We paid off our student loans." Steve D. became a member in 2007 after a friend persuaded him to bring his accounts to Consumers – where his friend not only banked, but worked as well.   Steve likes doing business with Consumers, a local establishment where people know you by name, where a sense of family is priority. "We’ve had great experiences banking at Consumers," reflects Steve. "It’s personal, relational, and professional."He and his wife, Emily, quickly fell in love with our services. Life was good.   A short time later, though, the couple received a flier in the mail offering $100 to switch their checking to one of the big banks. Thinking, why not...they made the switch. After numerous fees, poor customer service, and a few other disastrous experiences, Steve and Emily soon realized their mistake and called it quits with the big bank industry. Within six months, they were back home, at Consumers.   "Here, we’re known by name. And I’m a person instead of a number," says Steve.   There’s also a trust level you don’t find everywhere. Steve and Emily eventually bought their first home with Consumers and established a line of credit. "They walked us through our mortgage in such a way that was easy and we could understand," adds Steve. The home equity credit line followed, enabling them to align their funds differently and pay off high interest student loans, saving in interest and reducing debt.   Steve is glad to be back. It feels good to be home.   –Steve D., joined 2007

Home Equity Loans & Lines of Credit

A low-interest home equity loan from Consumers gives you access to cash for just about anything.

• New car or boat

• Home remodeling

• Debt consolidation

• College tuition

• Travel or vacation home

• Anything you want

Fixed Rate Home Equity Loans offer a set rate, amount, and term for your loan for specific, one-time costs.

A Home Equity Line-of-Credit (HELOC) is an open line of credit that can be used and paid on an ongoing basis. The variable interest rate and credit limit of the line will be determined based on the equity available in your home. Call or email us for details. Or simply sign into Online Banking and click on "Loans" followed by "Apply for a New Loan". Click here to return to our homepage to log into Online Banking.

Your HELOC can also be accessed via a convenient HomeLink Card, which works like a credit card but is tied to your equity line.

Home Equity Overdraft Protection

You can also establish a line-of-credit tied to your checking account to be used as overdraft protection or for a purchase when the opportunity arises. Your low rate will be variable and based on Prime Rate.

All home equity programs offer potential tax benefits. Please see your tax advisor for details.

*This promotional, introductory Annual Percentage Rate (APR) applies only to new loans. Rate is effective as of April 2, 2012.  The introductory APR will convert to a variable rate after the first six monthly billing cycles. The variable APR is based on the WSJ prime rate (currently 3.25%), and will adjust quarterly. The variable APR can range from as low as 3.25% to a maximum of 18.00%.  Approval and rate may vary based on credit history, term, and security offered. Minimum qualifications for the introductory rate include 80% maximum combined LTV and a minimum credit score of 670. Early termination fee of $300 if closed within first 24 months. Other restrictions may apply.