Spring/Summer 2018 Newsletter

Home Equity Line of Credit (HELOC) What Is a Home Equity Line of Credit?

What Can I Use a Home Equity Line of Credit For? Almost anything. It's a great option for homeowners who have enough equity established in their homes and need to tap into it for major expenses such as tuition, a new car or major home improvements. Need funds now for a large expense or want to have cash ready for a future project? Celco Community's Home Equity Line of Credit (HELOC) is a revolving line of credit that uses your home as collateral. Members who apply and receive a HELOC are approved for a specific amount of credit and can use the funds available anytime during the life of the loan. Competitive Credit Union Home Loan Rates and Payment Options

A Home Equity Line of Credit, also known as a HELOC, is an adjustable rate loan that borrows from the available equity in your home and uses the home as collateral for the line of credit. Home Equity Line of Credit Features • Funds available on an as-needed basis • Extended period of time during which you can borrow • Available credit replenishes as you pay off the outstanding balance during the life of the loan

MarkYour Calendar: Annual Meeting April 28, 2018

nomi n a t i ng c ommi t t e e t o consider you as a possible candidate. Please contact the credit union no later than April 13, 2018. All members are invited, door prizes and dinner will be provided. The credit union directors are elected from the credit union’s membership by the account holders, each of whom has one vote regardless of account balances.

for the future, and conduct our Board of Director elections. Terms expiring: Connie Copeland Jeff Williams Please contact the credit union at 540-921-2700 and ask for Sheila Stafford if you would like the

Celco Community Credit Union invites our members to join us for the 2018 Annual Meeting. It will be held Saturday, April 28, 2018 at Giles High School in the auditorium. The meeting will begin at 5pm. We’ll reflect on the past year, discuss plans

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