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Why a Home Equity Line of Credit?

  • No Points, Closing Costs* or
    Application Fees!
  • Convenient Payment Options
  • Flexibility in paying the interest only on the portion of the credit line
    that you actually use
  • Member Service to answer your questions and guide you
    through the simple process
    Apply now!

*Annual Percentage Rate (APR) may vary monthly
and will be based on the Prime Rate published in
the Wall Street Journal on the last business day
of the month. Prime Rate as of January 31, 2014 is 3.25%. Rate based on approved credit. Minimum APR of 4%. Maximum APR of 18%. Minimum loan of $25,000 or closing costs may apply. Rate may vary based on credit worthiness.

Equity Loans
The equity that you have built in your home can be a valuable resource. It can be used for your child's education, for home improvements, purchasing a vehicle, paying off bills and much more. The interest may be tax-deductible. There are no fees or closing costs with ECFCU's equity loans. Choose the equity loan that's right for you.

Home Equity Loan    

  • Fixed Terms
  • No closing costs or annual fees
  • Up to 100% financing (availability subject to change)

Home Equity Line of Credit (HELOC)    

  • Access the equity in your home with a line of credit. You can draw against the line for ten years and pay interest only if you desire. At the end of the ten-year draw period, you begin a fifteen-year repayment of principal and interest.
  • Your line can be accessed by checks
  • No closing costs* or annual fees
  • Borrow from $10,000 to $100,000
Consult your tax advisor concerning tax deductibility.




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Home Mortgages
We have many types of mortgages available: conventional, variable rate, and FHA. Also available is our Real Estate Services
which has many benefits. Stop in to get pre-qualified. We'll calculate how much of a mortgage you can comfortably afford
before you begin your house hunting. Or you can
apply online through the Mortgage Markets CUSO web site!

Reverse Mortgages
A Reverse Mortgage is a product designed for homeowners age 62 and over that turns the equity in their home into cash
that can be used for any purpose such as paying off your existing mortgage, buying long term care insurance, paying off
credit card debt and more! Enjoy lifetime use of your home without the monthly payments! For more information about this
product please call us at 860-253-5100.

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Car Loans
When it's time to buy a new or used car, ECFCU is the place to go first. Check out to find out the history of that used car. Then get your preapproval and you're in control! We offer competitive rates, up to 100% financing and the convenience of automatic payment from your savings or checking. GAP Insurance is also available with much better prices than you'll find at a car dealers.  






Signature (Personal) Loans
This type of loan is used for a variety of purposes; the Signature Loan can meet almost any of your needs. It's an
unsecured loan with very competitive rates and terms. Limits are $7,500 on one signature, $15,000 on two signatures.

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male graduate

Education Loans
We are confident that we can meet your scholastic expenses with our Education Loan. Offered at a lower rate than a Signature Loan, we feel furthering one's education is extremely important and we are pleased to be able to offer this to our members.



Home Improvement Loans
Our Home Improvement Loan is perfect for all those home repairs, big or small. With our low rates and flexible terms,
we'll make sure your job gets done. 

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Visa Credit Card
Take our Visa Credit Card anywhere you go and you'll always have instant credit at your fingertips. 
With a rate as low as 10.9%!
There's no annual fee and no balance transfer or cash advance fee's! Remember Visa is accepted around the world. Also with our Visa Credit Card you can take advantage of our Extra Awards Program.
Apply Now!

Visa Extra Awards Program

  • Each time you use your card for a signed purchase, earn points that can be redeemed for gifts, travel and more.
  • In addition, points earned on your credit card can be combined with points earned on your debit card.

Viewing your point's statement on line allows you to track your point accumulation at any time; and view the variety of gifts and travel opportunities available.

          View the Extra Awards web site now!

                              visa logo

                                           SAFE. SECURE. VISA.

Loan Services

Loan Deferral Program
Need a little extra money? Skip a loan payment. Just sign up for our Loan Deferral Program and you can take advantage
of this program once a year (if desired). The missed payment and interest will be added to the end of the loan.

Credit Disability and Life Insurance
Consider the payment protection of credit life and credit disability insurance for your loans. This coverage can make
your loan payments when you can't.

GAP (Guaranteed Auto Protection) Insurance
GAP Insurance helps cover the difference between your loan payoff and your primary insurance settlement. This coverage
can help eliminate the out-of-pocket expense you would incur to pay off your loan should your vehicle get stolen or is in an
accident. Speak to our Loan Processor for more information.



Member owned. Community focused.
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government - NCUA National Credit Union Administration, a U.S. Government Agency
NCUA insured up to $250,000
Equal Housing Lender - We do business in accordance with the Federal Fair Housing Law and Equal Credit Opportunity Act