Home Equity Line of Credit

When you choose our Home Equity Line of Credit (HELOC), you can leverage the value of your home to get approved for a certain spending limit, and then use as little or as much as you need! We make it easy!

Right now our rates are as low as 3.25%APR*

for either a Home Equity Line of Credit or Home Equity Loan

Apply Today!

or CALL us at 607-257-8500 or 800-428-8340 (both at ext.3291)

*APR=Annual Percentage Rate. 3.25% APR is as low as for 5-year fixed rate Home Equity Loan. 3.25% APR is for 15-year Line of Credit (HELOC). HELOC rates are variable and shown as low as with a maximum APR of 16.00%. Actual APR determined by loan term and/or credit score. Credit scores are determined by the Credit Reporting Agency. Additional requirements may apply such as minimum and maximum loan amounts and maximum loan to value. Required 3-year recapture period applies to No Closing Cost loans. Loans subject to approval. Equal Housing Opportunity. Membership eligibility requirements apply. Federally Insured by NCUA. NMLS #299582.


  • Borrow from your line of credit again and again as needed.

  • Pay interest only on the amount you actually use.

  • As you pay towards the debt, more of the credit line becomes available again.

  • Transfer the funds to your Checking Account so you can pay with checks, debit card, even Bill Pay!

  • Access funds using convenience checks. Simply stop in to any branch for us to print them today, or call us and we'll mail them to you.

  • Tax advantages may apply (consult your tax adviser).


Table data for Home Equity Line of Credit (HELOC) Rates
 Rates as of 10/1/2020
Annual Percentage Rate as low as Draw Period Alert Me
3.25% variable rate1 15 years Receive a notification when this rate changes
No Closing Cost options are available. Rates quoted “as low as” are subject to change without notice. Rate determined by credit score, term of loan, and oil/gas lease situation. All loan applications are subject to approval. The Credit Union reviews every loan application to ensure fairness and compliance to CFCU policy. Property taxes and insurance premiums are not included.
  • 1The Annual Percentage Rate may vary after the account is opened. The maximum rate is 16.00%.


The HMDA data about our residential mortgage lending are available online for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, age and income of applicants and borrowers; and information about loan approvals and denials. HMDA data for many other financial institutions are also available online. For more information, visit the Consumer Financial Protection Bureau's Web site (www.consumerfinance.gov/hmda).


CFCU is registered with the New York State Superintendent of Financial Services. You may file complaints and obtain further information about CFCU by contacting the New York State Department of Financial Services Consumer Assistance Unit at 1-800-342-3736 or at www.dfs.ny.gov.