Credit Line

A personal revolving line of credit tied to your checking account

FEATURES/BENEFITS

  • Overdraft protection
  • Pre-approved loan privileges
  • No minimum interest charge
  • Advances made in increments of $100

REQUIREMENTS

  • Checking account
  • Minimum credit line of $500
  • Satisfactory credit history
  • Applicant must have sufficient income to support repayment
  • Payment - 1/24 of balance or $25.00, whichever is greater

SERVICE CHARGES

  • Annual fee - $12                                                               Note: Initial charge one month after opening.
  • Transfer Fee - $3.00 per occurrence
  • Annual percentage rate (APR) - 15%