The key to making that next big purchase or investment might be right under your nose. Or should we say all around it? Use your home to secure low-interest financing for most anything with a home equity line of credit (HELOC).

Buy that boat, get that swimming pool, or build that addition you've been thinking about. We can help you make it happen. Your interest payments could even be tax deductible*!

Details
  • Competitive rates for several ongoing or seasonal needs:
    • Education expenses
    • Major life events
    • Major home improvements
    • Debt consolidation
    • Emergency reserve
    • And much more!
  • The existing equity in your home is used as collateral backing
  • Accommodating repayment terms that work for you
  • Funds available anytime without reapplying; apply once, then use repeatedly thereafter
  • Revolving credit – as principal is repaid, more becomes available for use
  • Funds easily available via check through your free Progressive Savings Bank checking account
  • The interest paid might be tax deductible*
  • Set up automatic payments to be deducted from your account monthly
  • Local decision-making and processing here in the Cumberland Plateau
  • Detailed, friendly service throughout the process

*Consult a tax advisor.