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Line of Credit

Get flexible, fee-free financing with a UMCU Line of Credit. Borrow funds to use the way you want.

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Endless Possibilities

With a Line of Credit (LOC), you can access funds anytime for any amount, up to your approved credit limit. Use this helpful financial resource to pay unexpected costs or finance larger expenses. 

As you repay the amount of funds borrowed, you can borrow the funds again.

Apply for a LOC

  • Borrow up to $50,000*
  • Adjustable Interest Rate: Pay interest only on the amount actually borrowed
  • No Penalties for Paying Off Your Loan Early
  • Conveniently Access Your Funds: Easily advance money into your UMCU savings or checking accounts through the Online Banking portal

Line of Credit Rate

APR Term
17.49% - 21.49% Adjustable
APR
17.49% - 21.49%
Term
Adjustable

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Disclaimer

Insured by NCUA
*Subject to credit approval; normal credit standards apply. Additional limitations, terms, and conditions apply, and are subject to change without notice. Annual fee and prepayment penalty is $0.00. For new members, a UMCU share savings account with a $5 deposit must also be opened and subject to credit approval. 

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