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Our ATM at our Worcester Branch is currently down. Please note our online and mobile banking services are still available for your convenience, which includes the ability to deposit checks using our App.

Home Equity Line of Credit Disclosures & Details

The current prime rate is: 3.25%. Rates effective as of September 7, 2021. Rates subject to change at any time.


  • Property insurance required.
  • Annual Percentage Rate is based on a combination of your credit score and loan to value. Your actual rate may be higher.
  • The rate is adjusted monthly according to the Prime Rate as published in the Wall Street Journal on the third Thursday of each month.
  • The maximum Annual Percentage Rate that may be imposed in a variable-rate plan is 18.00%
  • Closing costs are waived provided the initial credit line is maintained for a minimum of two years
  • To open a line of credit, there may be certain fees paid to third parties at closing. Unless otherwise noted, these fees generally total between $0 and $1,000.00.
  • Monthly payments are by default interest-only: Any excess payment will be applied to the principal balance after the accrued interest is satisfied (relative to the date of payment).
  • Additional principal-only payments may be made on an individual basis by calling our Contact Center at 800.852.5886, or by mailing in a check that indicates "principal-only" in the memo line.


Have easy access to your money with all of these benefits:

  • Borrow up to 90% of your home's equity
  • Credit lines up to $250,000
  • Advances can be made by phone or through online banking
  • Home Equity Checks are available for easy payment to contractors, electricians, and others
  • No application or annual fee
  • No pre-payment penalties
  • No closing costs for Home Equity Lines of Credit provided the initial credit line is maintained for a minimum of two years.

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