The Line of Credit is a revolving loan linked to your Regular Checking or Interest Bearing Checking Account to provide overdraft protection or emergency funds when needed. If a check is written in excess of your current account balance, the funds will be paid from your Line of Credit up to the amount of your available balance. You can also access the funds directly, without affecting your checking account balance, by writing a Line of Credit check of more than $100. Unlike other loan products, interest only begins accruing once the Line of Credit is used and a balance is due. For your convenience, payments will be automatically deducted monthly from your account. Line of Credit loan amounts range from $1,000 to $10,000.
†APR = Annual Percentage Rate. All rates shown reflect a .25% APR rate reduction for automatic payment from your Community Bank checking or savings account. Other rates and terms may apply and will be determined by credit history and loan application.
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